Arts Alliance Balance Sheet Health
Financial Health criteria checks 6/6
Arts Alliance has a total shareholder equity of PLN1.3M and total debt of PLN1.5M, which brings its debt-to-equity ratio to 120.5%. Its total assets and total liabilities are PLN4.0M and PLN2.7M respectively.
Key information
120.5%
Debt to equity ratio
zł1.52m
Debt
| Interest coverage ratio | n/a |
| Cash | zł2.93m |
| Equity | zł1.26m |
| Total liabilities | zł2.71m |
| Total assets | zł3.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AAS's short term assets (PLN3.5M) exceed its short term liabilities (PLN2.2M).
Long Term Liabilities: AAS's short term assets (PLN3.5M) exceed its long term liabilities (PLN547.0K).
Debt to Equity History and Analysis
Debt Level: AAS has more cash than its total debt.
Reducing Debt: AAS's debt to equity ratio has reduced from 185.5% to 120.5% 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: Whilst unprofitable AAS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AAS is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 15.2% per year.