Aerodrome Group Balance Sheet Health
Financial Health criteria checks 5/6
Aerodrome Group has a total shareholder equity of ₪42.3M and total debt of ₪2.1M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are ₪59.5M and ₪17.2M respectively.
Key information
5.0%
Debt to equity ratio
₪2.13m
Debt
Interest coverage ratio | n/a |
Cash | ₪10.39m |
Equity | ₪42.28m |
Total liabilities | ₪17.23m |
Total assets | ₪59.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARDM's short term assets (₪21.2M) exceed its short term liabilities (₪9.7M).
Long Term Liabilities: ARDM's short term assets (₪21.2M) exceed its long term liabilities (₪7.5M).
Debt to Equity History and Analysis
Debt Level: ARDM has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ARDM's debt to equity ratio has reduced 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: ARDM has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: ARDM has sufficient cash runway for 3 years if free cash flow continues to reduce at historical rates of 29.6% each year.