Aranjin Resources Balance Sheet Health
Financial Health criteria checks 3/6
Aranjin Resources has a total shareholder equity of CA$56.5K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.2M and CA$1.1M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$250.11k |
| Equity | CA$56.47k |
| Total liabilities | CA$1.13m |
| Total assets | CA$1.19m |
Recent financial health updates
Is Aranjin Resources (CVE:ARJN) Using Debt Sensibly?
Oct 31
Aranjin Resources (CVE:ARJN) Is Making Moderate Use Of Debt
Jul 17Is Aranjin Resources (CVE:ARJN) Using Too Much Debt?
Mar 14Aranjin Resources (CVE:ARJN) Is Carrying A Fair Bit Of Debt
Nov 29Recent updates
Is Aranjin Resources (CVE:ARJN) Using Debt Sensibly?
Oct 31Aranjin Resources (CVE:ARJN) Is Making Moderate Use Of Debt
Jul 17Is Aranjin Resources (CVE:ARJN) Using Too Much Debt?
Mar 14Aranjin Resources (CVE:ARJN) Is Carrying A Fair Bit Of Debt
Nov 29Are Insiders Buying Aranjin Resources Ltd. (CVE:ARJN) Stock?
Dec 06Financial Position Analysis
Short Term Liabilities: ARJN's short term assets (CA$258.4K) do not cover its short term liabilities (CA$1.1M).
Long Term Liabilities: ARJN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ARJN is debt free.
Reducing Debt: ARJN has no debt compared to 5 years ago when its debt to equity ratio was 7.7%.
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: ARJN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ARJN has less than a year of cash runway if free cash flow continues to grow at historical rates of 43.1% each year.