Ascot Resources Balance Sheet Health
Financial Health criteria checks 2/6
Ascot Resources has a total shareholder equity of CA$350.8M and total debt of CA$17.3M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are CA$630.4M and CA$279.6M respectively.
Key information
4.9%
Debt to equity ratio
CA$17.27m
Debt
Interest coverage ratio | n/a |
Cash | CA$26.97m |
Equity | CA$350.76m |
Total liabilities | CA$279.63m |
Total assets | CA$630.39m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AOTV.F's short term assets (CA$32.4M) do not cover its short term liabilities (CA$50.8M).
Long Term Liabilities: AOTV.F's short term assets (CA$32.4M) do not cover its long term liabilities (CA$228.9M).
Debt to Equity History and Analysis
Debt Level: AOTV.F has more cash than its total debt.
Reducing Debt: AOTV.F's debt to equity ratio has increased from 0% to 4.9% 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: AOTV.F has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if AOTV.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.