Amarc Resources Balance Sheet Health
Financial Health criteria checks 6/6
Amarc Resources has a total shareholder equity of CA$2.0M and total debt of CA$747.1K, which brings its debt-to-equity ratio to 36.9%. Its total assets and total liabilities are CA$5.9M and CA$3.9M respectively.
Key information
36.9%
Debt to equity ratio
CA$747.15k
Debt
Interest coverage ratio | n/a |
Cash | CA$5.18m |
Equity | CA$2.03m |
Total liabilities | CA$3.85m |
Total assets | CA$5.88m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AHR's short term assets (CA$5.3M) exceed its short term liabilities (CA$3.1M).
Long Term Liabilities: AHR's short term assets (CA$5.3M) exceed its long term liabilities (CA$782.0K).
Debt to Equity History and Analysis
Debt Level: AHR has more cash than its total debt.
Reducing Debt: AHR 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: AHR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AHR has sufficient cash runway for 1 years if free cash flow continues to grow at historical rates of 30.5% each year.