Argenta Silver Balance Sheet Health
Financial Health criteria checks 6/6
Argenta Silver has a total shareholder equity of CA$15.1M and total debt of CA$792.5K, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are CA$16.0M and CA$890.3K respectively.
Key information
5.2%
Debt to equity ratio
CA$792.50k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$14.38m |
| Equity | CA$15.11m |
| Total liabilities | CA$890.30k |
| Total assets | CA$16.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGAG's short term assets (CA$16.0M) exceed its short term liabilities (CA$890.3K).
Long Term Liabilities: AGAG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AGAG has more cash than its total debt.
Reducing Debt: AGAG had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: AGAG has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: AGAG has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 15.4% each year