Arianne Phosphate Balance Sheet Health
Financial Health criteria checks 4/6
Arianne Phosphate has a total shareholder equity of CA$37.4M and total debt of CA$24.5M, which brings its debt-to-equity ratio to 65.5%. Its total assets and total liabilities are CA$66.3M and CA$28.9M respectively.
Key information
65.5%
Debt to equity ratio
CA$24.51m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.64m |
| Equity | CA$37.39m |
| Total liabilities | CA$28.87m |
| Total assets | CA$66.26m |
Recent financial health updates
We Think Arianne Phosphate (CVE:DAN) Has A Fair Chunk Of Debt
Jun 24
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 01Recent updates
We Think Arianne Phosphate (CVE:DAN) Has A Fair Chunk Of Debt
Jun 24Would 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$3.0M) exceed its short term liabilities (CA$2.4M).
Long Term Liabilities: DAN's short term assets (CA$3.0M) do not cover its long term liabilities (CA$26.4M).
Debt to Equity History and Analysis
Debt Level: DAN's net debt to equity ratio (58.5%) is considered high.
Reducing Debt: DAN's debt to equity ratio has reduced from 109.6% to 65.5% 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: DAN has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: DAN has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 29.9% each year.