Armor Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Armor Minerals has a total shareholder equity of CA$2.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.7M and CA$13.3K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.72m |
| Equity | CA$2.71m |
| Total liabilities | CA$13.31k |
| Total assets | CA$2.73m |
Recent financial health updates
We're Hopeful That Armor Minerals (CVE:A.H) Will Use Its Cash Wisely
Feb 24
Companies Like Armor Minerals (CVE:A.H) Are In A Position To Invest In Growth
Jun 08We Think Armor Minerals (CVE:A.H) Can Easily Afford To Drive Business Growth
Feb 16Companies Like Armor Minerals (CVE:A) Can Afford To Invest In Growth
Oct 13We're Interested To See How Armor Minerals (CVE:A) Uses Its Cash Hoard To Grow
Jun 30Armor Minerals (CVE:A) Is In A Strong Position To Grow Its Business
Nov 27Recent updates
We're Hopeful That Armor Minerals (CVE:A.H) Will Use Its Cash Wisely
Feb 24Companies Like Armor Minerals (CVE:A.H) Are In A Position To Invest In Growth
Jun 08We Think Armor Minerals (CVE:A.H) Can Easily Afford To Drive Business Growth
Feb 16Companies Like Armor Minerals (CVE:A) Can Afford To Invest In Growth
Oct 13We're Interested To See How Armor Minerals (CVE:A) Uses Its Cash Hoard To Grow
Jun 30Armor Minerals (CVE:A) Is In A Strong Position To Grow Its Business
Nov 27We're Not Worried About Armor Minerals' (CVE:A) Cash Burn
Jul 30We're Interested To See How Armor Minerals (CVE:A) Uses Its Cash Hoard To Grow
Mar 08Armor Minerals (CVE:A) Is In A Good Position To Deliver On Growth Plans
Nov 23
Financial Position Analysis
Short Term Liabilities: A.H's short term assets (CA$2.7M) exceed its short term liabilities (CA$13.3K).
Long Term Liabilities: A.H has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: A.H is debt free.
Reducing Debt: A.H 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: A.H has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: A.H has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 3.2% each year