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Armour Energy Balance Sheet Health
Financial Health criteria checks 1/6
Armour Energy has a total shareholder equity of A$41.9M and total debt of A$34.5M, which brings its debt-to-equity ratio to 82.3%. Its total assets and total liabilities are A$107.4M and A$65.5M respectively.
Key information
82.3%
Debt to equity ratio
AU$34.48m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$337.00k |
| Equity | AU$41.91m |
| Total liabilities | AU$65.51m |
| Total assets | AU$107.42m |
Recent financial health updates
Recent updates
The Market Doesn't Like What It Sees From Armour Energy Limited's (ASX:AJQ) Revenues Yet As Shares Tumble 33%
Apr 17
Is Armour Energy (ASX:AJQ) Using Too Much Debt?
Oct 01There Are Some Reasons To Suggest That Armour Energy's (ASX:AJQ) Earnings A Poor Reflection Of Profitability
Mar 27Armour Energy Limited (ASX:AJQ) Could Be Less Than A Year Away From Profitability
Jan 14Reflecting on Armour Energy's (ASX:AJQ) Share Price Returns Over The Last Five Years
Nov 23Financial Position Analysis
Short Term Liabilities: AJQ's short term assets (A$6.5M) do not cover its short term liabilities (A$50.3M).
Long Term Liabilities: AJQ's short term assets (A$6.5M) do not cover its long term liabilities (A$15.2M).
Debt to Equity History and Analysis
Debt Level: AJQ's net debt to equity ratio (81.5%) is considered high.
Reducing Debt: AJQ's debt to equity ratio has reduced from 87.1% to 82.3% 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: AJQ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AJQ has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.5% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/02/05 07:29 |
| End of Day Share Price | 2023/11/08 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2023/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Armour Energy Limited is covered by 2 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Di Brookman | Bell Potter |
| Andrew Williams | RaaS Advisory Pty Ltd |