American Rare Earths Balance Sheet Health
Financial Health criteria checks 6/6
American Rare Earths has a total shareholder equity of A$22.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$23.0M and A$742.9K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$6.30m |
Equity | AU$22.27m |
Total liabilities | AU$742.91k |
Total assets | AU$23.01m |
Recent financial health updates
We're Not Very Worried About American Rare Earths' (ASX:ARR) Cash Burn Rate
Jan 25We're Hopeful That American Rare Earths (ASX:ARR) Will Use Its Cash Wisely
Oct 07We're Not Very Worried About American Rare Earths' (ASX:ARR) Cash Burn Rate
Jun 20Here's Why We're Not Too Worried About American Rare Earths' (ASX:ARR) Cash Burn Situation
Mar 07Recent updates
We're Not Very Worried About American Rare Earths' (ASX:ARR) Cash Burn Rate
Jan 25We're Hopeful That American Rare Earths (ASX:ARR) Will Use Its Cash Wisely
Oct 07We're Not Very Worried About American Rare Earths' (ASX:ARR) Cash Burn Rate
Jun 20Here's Why We're Not Too Worried About American Rare Earths' (ASX:ARR) Cash Burn Situation
Mar 07Financial Position Analysis
Short Term Liabilities: ARR's short term assets (A$6.5M) exceed its short term liabilities (A$518.0K).
Long Term Liabilities: ARR's short term assets (A$6.5M) exceed its long term liabilities (A$224.9K).
Debt to Equity History and Analysis
Debt Level: ARR is debt free.
Reducing Debt: ARR 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: ARR has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ARR is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.