Astro Balance Sheet Health
Financial Health criteria checks 3/6
Astro has a total shareholder equity of PLN3.2M and total debt of PLN8.8M, which brings its debt-to-equity ratio to 271.5%. Its total assets and total liabilities are PLN12.6M and PLN9.4M respectively.
Key information
271.5%
Debt to equity ratio
zł8.80m
Debt
| Interest coverage ratio | n/a |
| Cash | zł2.18m |
| Equity | zł3.24m |
| Total liabilities | zł9.37m |
| Total assets | zł12.61m |
Recent financial health updates
Astro (WSE:ASR) Is Making Moderate Use Of Debt
Nov 18
We Think Astro (WSE:ASR) Has A Fair Chunk Of Debt
Dec 29Does Astro (WSE:ASR) Have A Healthy Balance Sheet?
Sep 13Astro (WSE:ASR) Is Making Moderate Use Of Debt
May 29Here's Why Astro (WSE:ASR) Can Manage Its Debt Responsibly
Apr 29Is Astro (WSE:ASR) A Risky Investment?
Jan 11
Recent updates
Astro (WSE:ASR) Is Making Moderate Use Of Debt
Nov 18We Think Astro (WSE:ASR) Has A Fair Chunk Of Debt
Dec 29Does Astro (WSE:ASR) Have A Healthy Balance Sheet?
Sep 13Astro (WSE:ASR) Is Making Moderate Use Of Debt
May 29Here's Why Astro (WSE:ASR) Can Manage Its Debt Responsibly
Apr 29Is The Market Rewarding Astro S.A. (WSE:ASR) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?
Mar 04Is Astro (WSE:ASR) A Risky Investment?
Jan 11Is Astro S.A.'s (WSE:ASR) Recent Price Movement Underpinned By Its Weak Fundamentals?
Nov 19Financial Position Analysis
Short Term Liabilities: ASR's short term assets (PLN3.0M) do not cover its short term liabilities (PLN6.8M).
Long Term Liabilities: ASR's short term assets (PLN3.0M) exceed its long term liabilities (PLN2.6M).
Debt to Equity History and Analysis
Debt Level: ASR's net debt to equity ratio (204.4%) is considered high.
Reducing Debt: ASR's debt to equity ratio has increased from 77.9% to 271.5% 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: ASR has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: ASR has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 15.7% each year.