Astra Energy Balance Sheet Health
Financial Health criteria checks 1/6
Astra Energy has a total shareholder equity of $2.8M and total debt of $213.0K, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are $9.1M and $6.3M respectively.
Key information
7.7%
Debt to equity ratio
US$213.01k
Debt
Interest coverage ratio | n/a |
Cash | US$1.80k |
Equity | US$2.76m |
Total liabilities | US$6.32m |
Total assets | US$9.08m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASRE's short term assets ($1.8K) do not cover its short term liabilities ($1.8M).
Long Term Liabilities: ASRE's short term assets ($1.8K) do not cover its long term liabilities ($4.6M).
Debt to Equity History and Analysis
Debt Level: ASRE's net debt to equity ratio (7.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ASRE's debt to equity ratio has reduced 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: ASRE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ASRE has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.8% each year.