Argosy Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Argosy Minerals has a total shareholder equity of A$20.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$20.9M and A$558.7K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$11.30m |
| Equity | AU$20.33m |
| Total liabilities | AU$558.74k |
| Total assets | AU$20.89m |
Recent financial health updates
We're Hopeful That Argosy Minerals (ASX:AGY) Will Use Its Cash Wisely
Sep 25
We're Not Very Worried About Argosy Minerals' (ASX:AGY) Cash Burn Rate
Apr 25Argosy Minerals (ASX:AGY) Is In A Strong Position To Grow Its Business
Mar 02Argosy Minerals (ASX:AGY) Is In A Strong Position To Grow Its Business
Nov 17We Think Argosy Minerals (ASX:AGY) Can Afford To Drive Business Growth
Aug 03Recent updates
We're Hopeful That Argosy Minerals (ASX:AGY) Will Use Its Cash Wisely
Sep 25We're Not Very Worried About Argosy Minerals' (ASX:AGY) Cash Burn Rate
Apr 25Shareholders Shouldn’t Be Too Comfortable With Argosy Minerals' (ASX:AGY) Strong Earnings
Apr 06Argosy Minerals (ASX:AGY) Is In A Strong Position To Grow Its Business
Mar 02Argosy Minerals (ASX:AGY) Is In A Strong Position To Grow Its Business
Nov 17We Think Argosy Minerals (ASX:AGY) Can Afford To Drive Business Growth
Aug 03Shareholders May Be A Bit More Conservative With Argosy Minerals Limited's (ASX:AGY) CEO Compensation For Now
Apr 20Should You Review Recent Insider Transactions At Argosy Minerals Limited (ASX:AGY)?
Feb 17How Much Is Argosy Minerals Limited (ASX:AGY) CEO Getting Paid?
Dec 24
Financial Position Analysis
Short Term Liabilities: AGY's short term assets (A$11.4M) exceed its short term liabilities (A$427.0K).
Long Term Liabilities: AGY's short term assets (A$11.4M) exceed its long term liabilities (A$131.8K).
Debt to Equity History and Analysis
Debt Level: AGY is debt free.
Reducing Debt: AGY had no debt 5 years ago.
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: AGY has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AGY has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 15.9% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 05:06 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Argosy Minerals Limited is covered by 2 analysts. 0 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 |
|---|---|
| Reg Spencer | Canaccord Genuity |
| Hayden Bairstow | Macquarie Research |