Astro Balance Sheet Health
Financial Health criteria checks 1/6
Astro has a total shareholder equity of PLN3.5M and total debt of PLN7.9M, which brings its debt-to-equity ratio to 225.5%. Its total assets and total liabilities are PLN11.8M and PLN8.2M respectively. Astro's EBIT is PLN32.8K making its interest coverage ratio 0.1. It has cash and short-term investments of PLN2.2M.
Key information
225.5%
Debt to equity ratio
zł7.89m
Debt
| Interest coverage ratio | 0.06x |
| Cash | zł2.19m |
| Equity | zł3.50m |
| Total liabilities | zł8.25m |
| Total assets | zł11.75m |
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 (PLN2.8M) do not cover its short term liabilities (PLN5.9M).
Long Term Liabilities: ASR's short term assets (PLN2.8M) exceed its long term liabilities (PLN2.3M).
Debt to Equity History and Analysis
Debt Level: ASR's net debt to equity ratio (162.8%) is considered high.
Reducing Debt: ASR's debt to equity ratio has increased from 72.6% to 225.5% 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: Insufficient data to determine if ASR has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ASR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.