Ascendis Health Balance Sheet Health
Financial Health criteria checks 4/6
Ascendis Health has a total shareholder equity of ZAR562.9M and total debt of ZAR29.8M, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are ZAR970.7M and ZAR407.8M respectively.
Key information
5.3%
Debt to equity ratio
R29.81m
Debt
Interest coverage ratio | n/a |
Cash | R105.66m |
Equity | R562.90m |
Total liabilities | R407.81m |
Total assets | R970.71m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ASC's short term assets (ZAR747.9M) exceed its short term liabilities (ZAR380.4M).
Long Term Liabilities: ASC's short term assets (ZAR747.9M) exceed its long term liabilities (ZAR27.4M).
Debt to Equity History and Analysis
Debt Level: ASC has more cash than its total debt.
Reducing Debt: ASC's debt to equity ratio has reduced from 83.7% to 5.3% 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: ASC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ASC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.8% each year