Archer Materials Balance Sheet Health
Financial Health criteria checks 6/6
Archer Materials has a total shareholder equity of A$24.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$25.3M and A$961.2K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$22.53m |
| Equity | AU$24.36m |
| Total liabilities | AU$961.18k |
| Total assets | AU$25.33m |
Recent financial health updates
We're Not Worried About Archer Materials' (ASX:AXE) Cash Burn
Jan 02
Here's Why We're Not At All Concerned With Archer Materials' (ASX:AXE) Cash Burn Situation
Oct 02Archer Materials (ASX:AXE) Is In A Good Position To Deliver On Growth Plans
Dec 18Recent updates
We're Not Worried About Archer Materials' (ASX:AXE) Cash Burn
Jan 02Here's Why We're Not At All Concerned With Archer Materials' (ASX:AXE) Cash Burn Situation
Oct 02Archer Materials (ASX:AXE) Is In A Good Position To Deliver On Growth Plans
Dec 18A Look At Archer Materials' (ASX:AXE) CEO Remuneration
Jan 09Financial Position Analysis
Short Term Liabilities: AXE's short term assets (A$24.7M) exceed its short term liabilities (A$926.1K).
Long Term Liabilities: AXE's short term assets (A$24.7M) exceed its long term liabilities (A$35.1K).
Debt to Equity History and Analysis
Debt Level: AXE is debt free.
Reducing Debt: AXE 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: AXE has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: AXE has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 9.7% each year