Aeris Resources Balance Sheet Health
Financial Health criteria checks 2/6
Aeris Resources has a total shareholder equity of A$278.3M and total debt of A$39.1M, which brings its debt-to-equity ratio to 14.1%. Its total assets and total liabilities are A$579.9M and A$301.7M respectively.
Key information
14.1%
Debt to equity ratio
AU$39.13m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$22.96m |
| Equity | AU$278.27m |
| Total liabilities | AU$301.65m |
| Total assets | AU$579.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARSR.F's short term assets (A$97.8M) do not cover its short term liabilities (A$122.8M).
Long Term Liabilities: ARSR.F's short term assets (A$97.8M) do not cover its long term liabilities (A$178.9M).
Debt to Equity History and Analysis
Debt Level: ARSR.F's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: ARSR.F's debt to equity ratio has reduced from 53.8% to 14.1% 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: ARSR.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ARSR.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 42.2% each year