Archer Materials Balance Sheet Health

Financial Health criteria checks 6/6

Archer Materials has a total shareholder equity of A$21.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$22.9M and A$1.1M respectively.

Key information

Debt to equity ratio

AU$0

Debt

Interest coverage ratio	n/a
Cash	AU$18.78m
Equity	AU$21.80m
Total liabilities	AU$1.09m
Total assets	AU$22.89m

Recent financial health updates

Here's Why We're Not Too Worried About Archer Materials' (ASX:AXE) Cash Burn Situation

Oct 09

We're Not Worried About Archer Materials' (ASX:AXE) Cash Burn

May 01

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 02

Archer Materials (ASX:AXE) Is In A Good Position To Deliver On Growth Plans

Dec 18

Recent updates

Here's Why We're Not Too Worried About Archer Materials' (ASX:AXE) Cash Burn Situation

Oct 09

We're Not Worried About Archer Materials' (ASX:AXE) Cash Burn

May 01

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 02

Archer Materials (ASX:AXE) Is In A Good Position To Deliver On Growth Plans

Dec 18

A Look At Archer Materials' (ASX:AXE) CEO Remuneration

Jan 09

Financial Position Analysis

Short Term Liabilities: AXE's short term assets (A$22.1M) exceed its short term liabilities (A$1.1M).

Long Term Liabilities: AXE's short term assets (A$22.1M) exceed its long term liabilities (A$39.4K).

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 10.8% each year

Archer Materials Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Here's Why We're Not Too Worried About Archer Materials' (ASX:AXE) Cash Burn Situation

We're Not Worried About Archer Materials' (ASX:AXE) Cash Burn

We're Not Worried About Archer Materials' (ASX:AXE) Cash Burn

Here's Why We're Not At All Concerned With Archer Materials' (ASX:AXE) Cash Burn Situation

Archer Materials (ASX:AXE) Is In A Good Position To Deliver On Growth Plans

Recent updates

Insufficient new directors

Archer Materials Limited, Annual General Meeting, Nov 20, 2024

Here's Why We're Not Too Worried About Archer Materials' (ASX:AXE) Cash Burn Situation

New minor risk - Share price stability

Mohammad Choucair to Step Down as Chief Executive Officer of Archer Materials Limited in January 2025

Mohammad Choucair to Step Down as Chief Executive Officer of Archer Materials Limited in January 2025

We're Not Worried About Archer Materials' (ASX:AXE) Cash Burn

New major risk - Share price stability

Archer Materials Limited Designs Miniaturised Version of Biochip Biochip Graphene Field Effect Transistor Chip

We're Not Worried About Archer Materials' (ASX:AXE) Cash Burn

Archer Materials Limited Demonstrates Multiplexing Readout for its Advanced Biochip Graphene Field Effect Transistor Device

Archer Materials Limited, Annual General Meeting, Nov 29, 2023

Here's Why We're Not At All Concerned With Archer Materials' (ASX:AXE) Cash Burn Situation

New major risk - Revenue size

Archer Materials Limited Further Enhances Biochip gFET Design for Advanced Sensing and Send to Commercial Foundry Partner

Archer Materials Limited Transfers Biochip Graphene Sensor Technology Design to A Commercial Fab to Verify Scalability

Executive Chairman of the Board exercised options and sold AU$384k worth of stock

Archer Materials (ASX:AXE) Is In A Good Position To Deliver On Growth Plans

Archer Materials Limited Implements an Early-Stage Prototype of an Integrated Biochip Platform

Executive Chairman of the Board exercised options to buy AU$315k worth of stock.

Wettable Graphene Transistor Built for Biochip Integration

Archer Materials Limited, Annual General Meeting, Nov 23, 2022

Archer Materials Limited Uses Complementary MetalOxideSemiconductor Chip Technology to Detect Quantum Information in 12CQ Qubit Material at Room Temperature

Archer Materials Limited Announces On-Chip Electronic Transport in Qubit Components Achieved

Archer Materials Provides Shareholders with A Technical Progress Update on Archer's 12CQ

Archer Materials Limited Announces Fabrication of Nanodevices Towards Qubit Readout

Archer Materials Limited Announces Fabrication of Nanodevices Towards Qubit Readout

Archer Materials Limited Announces Biochip Progresses Towards Sub-10 Nanometer Fabrication

Archer Materials Limited Provides Update on Archer's 12CQ Quantum Computing Chip Technology

Independent Non-Executive Director Alice McCleary has left the company

Full year 2021 earnings released: AU$0.009 loss per share (vs AU$0.014 loss in FY 2020)

Independent Non-Executive Director exercised options to buy AU$901k worth of stock.

Archer Expands Access to Institutional Deep Tech Infrastructure

First half 2021 earnings released: AU$0.028 loss per share (vs AU$0.009 loss in 1H 2020)

Archer Materials Limited Achieves Electronic Transport in Single Qubit at Room Temperature, as Part of its 12CQ Quantum Computing Qubit Processor Chip Technology Development

New 90-day high: AU$1.20

Archer Materials Limited Announces the Granting of A Japanese Patent Associated to Archer's CQ Quantum Computing Chip Technology

New 90-day high: AU$0.76

A Look At Archer Materials' (ASX:AXE) CEO Remuneration

Baudin Minerals Pty Ltd signed an agreement to acquire Exploration Licenses EL 5815 and EL 5920 in Australia from Archer Materials Limited (ASX:AXE) for AUD 3.9 million.

Archer Materials Limited Announces the Resignation of Paul Rix as Non-Executive Director, Effective from 30 October 2020

Archer Materials Limited Provides Patent Applications Progress Update

Independent Non-Executive Director recently sold AU$53k worth of stock

Archer Materials Limited Appoints Ken Williams as an Independent Non-Executive Director and as A Member of the Archer Board’S Audit and Risk Management Committee

Full year earnings released - AU$0.014 loss per share

New 90-day high - AU$0.65

Australian Consolidated Venture Capital Pty Ltd completed the acquisition of Leigh Creek Magnesite Pty Ltd and CH Magnesite Pty Ltd from Archer Exploration Limited (ASX:AXE) for AUD 3 million.

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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