A-Sonic Aerospace Balance Sheet Health
Financial Health criteria checks 6/6
A-Sonic Aerospace has a total shareholder equity of $45.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $87.4M and $42.4M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$43.75m |
| Equity | US$45.06m |
| Total liabilities | US$42.37m |
| Total assets | US$87.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASNC.F's short term assets ($81.5M) exceed its short term liabilities ($41.7M).
Long Term Liabilities: ASNC.F's short term assets ($81.5M) exceed its long term liabilities ($637.0K).
Debt to Equity History and Analysis
Debt Level: ASNC.F is debt free.
Reducing Debt: ASNC.F has no debt compared to 5 years ago when its debt to equity ratio was 18.2%.
Debt Coverage: ASNC.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ASNC.F has no debt, therefore coverage of interest payments is not a concern.