Arika Resources Balance Sheet Health
Financial Health criteria checks 6/6
Arika Resources has a total shareholder equity of A$10.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$10.9M and A$821.1K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$3.60m |
Equity | AU$10.10m |
Total liabilities | AU$821.10k |
Total assets | AU$10.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARI's short term assets (A$3.7M) exceed its short term liabilities (A$821.1K).
Long Term Liabilities: ARI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ARI is debt free.
Reducing Debt: ARI 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: ARI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ARI has sufficient cash runway for 1.4 years if free cash flow continues to grow at historical rates of 1.9% each year.