Ascent Bridge Balance Sheet Health
Financial Health criteria checks 6/6
Ascent Bridge has a total shareholder equity of SGD32.0M and total debt of SGD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SGD39.6M and SGD7.6M respectively.
Key information
0%
Debt to equity ratio
S$0
Debt
| Interest coverage ratio | n/a |
| Cash | S$3.97m |
| Equity | S$31.98m |
| Total liabilities | S$7.59m |
| Total assets | S$39.57m |
Financial Position Analysis
Short Term Liabilities: AWG's short term assets (SGD25.6M) exceed its short term liabilities (SGD6.3M).
Long Term Liabilities: AWG's short term assets (SGD25.6M) exceed its long term liabilities (SGD1.3M).
Debt to Equity History and Analysis
Debt Level: AWG is debt free.
Reducing Debt: AWG has no debt compared to 5 years ago when its debt to equity ratio was 5.2%.
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: AWG has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AWG is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.