Aurora Solar Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Aurora Solar Technologies has a total shareholder equity of CA$5.9M and total debt of CA$60.0K, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are CA$11.8M and CA$5.9M respectively.
Key information
1.0%
Debt to equity ratio
CA$60.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$4.36m |
Equity | CA$5.92m |
Total liabilities | CA$5.93m |
Total assets | CA$11.84m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AACT.F's short term assets (CA$9.7M) exceed its short term liabilities (CA$5.5M).
Long Term Liabilities: AACT.F's short term assets (CA$9.7M) exceed its long term liabilities (CA$391.1K).
Debt to Equity History and Analysis
Debt Level: AACT.F has more cash than its total debt.
Reducing Debt: AACT.F's debt to equity ratio has increased from 0% to 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: Whilst unprofitable AACT.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AACT.F is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 4.6% per year.