Ascent Resources Financial Health

How is Ascent Resources's financial position?

[object Object] Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • 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.


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: 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.


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