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 ration/a
CashR105.66m
EquityR562.90m
Total liabilitiesR407.81m
Total assetsR970.71m

Recent financial health updates

Recent updates

There Is A Reason Ascendis Health Limited's (JSE:ASC) Price Is Undemanding

Sep 23
There Is A Reason Ascendis Health Limited's (JSE:ASC) Price Is Undemanding

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


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