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 ratio | n/a |
Cash | CA$3.77m |
Equity | CA$35.98m |
Total liabilities | CA$31.20m |
Total assets | CA$67.18m |
Recent financial health updates
Would Arianne Phosphate (CVE:DAN) Be Better Off With Less Debt?
Feb 02Is Arianne Phosphate (CVE:DAN) A Risky Investment?
Oct 20We Think Arianne Phosphate (CVE:DAN) Has A Fair Chunk Of Debt
Jul 05Is Arianne Phosphate (CVE:DAN) Using Too Much Debt?
Mar 16Arianne Phosphate (CVE:DAN) Is Making Moderate Use Of Debt
Dec 01Is Arianne Phosphate (CVE:DAN) Using Too Much Debt?
Aug 12Recent updates
Would Arianne Phosphate (CVE:DAN) Be Better Off With Less Debt?
Feb 02Is Arianne Phosphate (CVE:DAN) A Risky Investment?
Oct 20We Think Arianne Phosphate (CVE:DAN) Has A Fair Chunk Of Debt
Jul 05Is Arianne Phosphate (CVE:DAN) Using Too Much Debt?
Mar 16Arianne Phosphate (CVE:DAN) Is Making Moderate Use Of Debt
Dec 01Is Arianne Phosphate (CVE:DAN) Using Too Much Debt?
Aug 12Here's Why Arianne Phosphate (CVE:DAN) Can Afford Some Debt
Apr 29Would Arianne Phosphate (CVE:DAN) Be Better Off With Less Debt?
Jan 14Does Arianne Phosphate (CVE:DAN) Have A Healthy Balance Sheet?
Sep 22Financial 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.