Argent Minerals Balance Sheet Health

Financial Health criteria checks 6/6

Argent Minerals has a total shareholder equity of A$3.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$3.9M and A$162.0K respectively.

Key information

Debt to equity ratio

AU$0

Debt

Interest coverage ratio	n/a
Cash	AU$3.39m
Equity	AU$3.75m
Total liabilities	AU$162.05k
Total assets	AU$3.91m

Recent financial health updates

We're Hopeful That Argent Minerals (ASX:ARD) Will Use Its Cash Wisely

Oct 21

Here's Why We're Not Too Worried About Argent Minerals' (ASX:ARD) Cash Burn Situation

Mar 07

Recent updates

We're Hopeful That Argent Minerals (ASX:ARD) Will Use Its Cash Wisely

Oct 21

Here's Why We're Not Too Worried About Argent Minerals' (ASX:ARD) Cash Burn Situation

Mar 07

Here's Why We're Watching Argent Minerals' (ASX:ARD) Cash Burn Situation

Oct 19

We're Not Very Worried About Argent Minerals' (ASX:ARD) Cash Burn Rate

Jul 06

Companies Like Argent Minerals (ASX:ARD) Are In A Position To Invest In Growth

Mar 17

Financial Position Analysis

Short Term Liabilities: ARD's short term assets (A$3.5M) exceed its short term liabilities (A$162.0K).

Long Term Liabilities: ARD has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: ARD is debt free.

Reducing Debt: ARD has not had any debt for 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: ARD has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: ARD has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 4.3% each year.

Argent Minerals Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

We're Hopeful That Argent Minerals (ASX:ARD) Will Use Its Cash Wisely

Here's Why We're Not Too Worried About Argent Minerals' (ASX:ARD) Cash Burn Situation

Here's Why We're Watching Argent Minerals' (ASX:ARD) Cash Burn Situation

We're Not Very Worried About Argent Minerals' (ASX:ARD) Cash Burn Rate

Companies Like Argent Minerals (ASX:ARD) Are In A Position To Invest In Growth

Recent updates

Argent Minerals Limited has announced a Derivatives Offering in the amount of AUD 0.144564 million.

We're Hopeful That Argent Minerals (ASX:ARD) Will Use Its Cash Wisely

New major risk - Revenue and earnings growth

Argent Minerals Limited, Annual General Meeting, Nov 01, 2024

Less than half of directors are independent

New major risk - Financial position

Argent Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.04 million.

New major risk - Share price stability

New major risk - Financial position

Argent Minerals Limited, Annual General Meeting, Nov 01, 2023

Argent Minerals Limited, Annual General Meeting, Aug 11, 2023

New major risk - Share price stability

Argent Minerals Limited Announces More High-Grade Copper Delineated at Copperhead Project

Argent Minerals Limited Commences Drill Program At Kempfield Polymetallic Deposit

Argent Minerals Limited Announces Board Change

Argent Minerals Limited Announces Change of Company Secretary

Argent Minerals Limited (ASX:ARD) entered into a share sale agreement to acquire Copperhead Resources Pty Ltd for AUD 1.7 million.

Argent Minerals Limited, Annual General Meeting, Nov 30, 2022

Argent Minerals Limited Announces A Maiden JORC 2012 Resource At Its Mt Dudley Gold Prospect

Argent Minerals Limited Commences Drilling over New Drill Targets At Kempfield

Argent Minerals Limited Appoints Pedro Kastellorizos as Managing Director Effective June 1, 2022

Argent Minerals Limited Announces the Results from Geochemical and IP Geophysical Review over its 100% Trunkey Creek Gold Project

Argent Minerals Limited Appoints Kavi Bekarma as Company Secretary

Argent Minerals Limited Announces Maiden JORC 2012 Resource at its Queenslander Gold Prospect Within its Pine Ridge Gold Project

Argent Minerals Limited Announces Newly Defined Multiple Geophysical Targets Upgrade Pine Ridge Project

Here's Why We're Not Too Worried About Argent Minerals' (ASX:ARD) Cash Burn Situation

Argent Minerals Limited Announces Step Down of George Karageorge as Managing Director

Here's Why We're Watching Argent Minerals' (ASX:ARD) Cash Burn Situation

Argent Minerals Limited Announces Resumption of the RC Drilling Program

Non-Executive Director Stuart Till has left the company

We're Not Very Worried About Argent Minerals' (ASX:ARD) Cash Burn Rate

Argent Minerals Limited Announces RC Drilling Commences At Pine Ridge Gold Mine

Companies Like Argent Minerals (ASX:ARD) Are In A Position To Invest In Growth

Joint Company Secretary & Non-Executive Director has left the company

Argent Minerals Limited Announces Management Changes

Non-Executive Chairman Peter Wall has left the company

Argent Minerals Limited Provides Project Update At West Wyalong Copper-Gold Project

Argent Minerals Limited signs Strategic Co-Op Agreement with MinRex Resources Limited and Exploration Update

Argent Minerals Limited Provides Exploration and Drilling Update

Argent Minerals Limited announced that it has received AUD 2.2 million in funding

Argent Minerals Limited announced that it expects to receive AUD 2.2 million in funding

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

Discover healthy companies