Ajax Resources Balance Sheet Health
Financial Health criteria checks 6/6
Ajax Resources has a total shareholder equity of £970.0K and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £1.0M and £63.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£818.12k |
Equity | UK£970.01k |
Total liabilities | UK£62.95k |
Total assets | UK£1.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AJAX's short term assets (£1.0M) exceed its short term liabilities (£63.0K).
Long Term Liabilities: AJAX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AJAX is debt free.
Reducing Debt: AJAX has not had any debt for past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: AJAX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AJAX has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 70.4% each year.