Ares Asia Balance Sheet Health
Financial Health criteria checks 4/6
Ares Asia has a total shareholder equity of $7.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $12.8M and $5.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.44m |
| Equity | US$7.67m |
| Total liabilities | US$5.18m |
| Total assets | US$12.85m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 645's short term assets ($12.8M) exceed its short term liabilities ($5.2M).
Long Term Liabilities: 645 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 645 is debt free.
Reducing Debt: 645 has no debt compared to 5 years ago when its debt to equity ratio was 456.9%.
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: 645 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 645 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.8% each year