Arianne Phosphate Balance Sheet Health

Financial Health criteria checks 4/6

Arianne Phosphate has a total shareholder equity of CA$36.0M and total debt of CA$27.2M, which brings its debt-to-equity ratio to 75.5%. Its total assets and total liabilities are CA$67.2M and CA$31.2M respectively.

Key information

75.5%

Debt to equity ratio

CA$27.18m

Debt

Interest coverage ration/a
CashCA$3.77m
EquityCA$35.98m
Total liabilitiesCA$31.20m
Total assetsCA$67.18m

Recent financial health updates

Recent updates

Would Arianne Phosphate (CVE:DAN) Be Better Off With Less Debt?

Feb 02
Would Arianne Phosphate (CVE:DAN) Be Better Off With Less Debt?

Is Arianne Phosphate (CVE:DAN) A Risky Investment?

Oct 20
Is Arianne Phosphate (CVE:DAN) A Risky Investment?

We Think Arianne Phosphate (CVE:DAN) Has A Fair Chunk Of Debt

Jul 05
We Think Arianne Phosphate (CVE:DAN) Has A Fair Chunk Of Debt

Is Arianne Phosphate (CVE:DAN) Using Too Much Debt?

Mar 16
Is Arianne Phosphate (CVE:DAN) Using Too Much Debt?

Arianne Phosphate (CVE:DAN) Is Making Moderate Use Of Debt

Dec 01
Arianne Phosphate (CVE:DAN) Is Making Moderate Use Of Debt

Is Arianne Phosphate (CVE:DAN) Using Too Much Debt?

Aug 12
Is Arianne Phosphate (CVE:DAN) Using Too Much Debt?

Here's Why Arianne Phosphate (CVE:DAN) Can Afford Some Debt

Apr 29
Here's Why Arianne Phosphate (CVE:DAN) Can Afford Some Debt

Would Arianne Phosphate (CVE:DAN) Be Better Off With Less Debt?

Jan 14
Would Arianne Phosphate (CVE:DAN) Be Better Off With Less Debt?

Does Arianne Phosphate (CVE:DAN) Have A Healthy Balance Sheet?

Sep 22
Does Arianne Phosphate (CVE:DAN) Have A Healthy Balance Sheet?

Financial Position Analysis

Short Term Liabilities: DAN's short term assets (CA$4.0M) exceed its short term liabilities (CA$2.3M).

Long Term Liabilities: DAN's short term assets (CA$4.0M) do not cover its long term liabilities (CA$28.9M).


Debt to Equity History and Analysis

Debt Level: DAN's net debt to equity ratio (65.1%) is considered high.

Reducing Debt: DAN's debt to equity ratio has reduced from 96.9% to 75.5% over the 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: Whilst unprofitable DAN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: DAN is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 30% per year.


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