Ascent Resources Financial Health
How is Ascent Resources's financial position?
[object Object] Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: AST's short term assets (£217.0K) do not cover its short term liabilities (£1.0M).
Long Term Liabilities: AST's short term assets (£217.0K) do not cover its long term liabilities (£854.0K).
Debt to Equity History and Analysis
Debt Level: AST's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: AST's debt to equity ratio has reduced from 5.9% to 1.4% over the past 5 years.
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: AST has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AST has less than a year of cash runway if free cash flow continues to grow at historical rates of 20.5% each year.