Artemis Resources Balance Sheet Health
Financial Health criteria checks 3/6
Artemis Resources has a total shareholder equity of A$31.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$39.2M and A$7.3M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.65m |
| Equity | AU$31.83m |
| Total liabilities | AU$7.33m |
| Total assets | AU$39.17m |
Financial Position Analysis
Short Term Liabilities: ARV's short term assets (A$1.8M) exceed its short term liabilities (A$1.4M).
Long Term Liabilities: ARV's short term assets (A$1.8M) do not cover its long term liabilities (A$5.9M).
Debt to Equity History and Analysis
Debt Level: ARV is debt free.
Reducing Debt: ARV has no debt compared to 5 years ago when its debt to equity ratio was 10.8%.
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: ARV has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ARV has less than a year of cash runway if free cash flow continues to grow at historical rates of 27.4% each year.