This company has been acquired
Armada Data Balance Sheet Health
Financial Health criteria checks 4/6
Armada Data has a total shareholder equity of CA$90.3K and total debt of CA$177.0K, which brings its debt-to-equity ratio to 196.1%. Its total assets and total liabilities are CA$503.2K and CA$412.9K respectively. Armada Data's EBIT is CA$66.5K making its interest coverage ratio 22.8. It has cash and short-term investments of CA$122.9K.
Key information
196.1%
Debt to equity ratio
CA$177.00k
Debt
| Interest coverage ratio | 22.8x |
| Cash | CA$122.94k |
| Equity | CA$90.27k |
| Total liabilities | CA$412.89k |
| Total assets | CA$503.15k |
Recent financial health updates
No updates
Recent updates
Should Shareholders Have Second Thoughts About A Pay Rise For Armada Data Corporation's (CVE:ARD) CEO This Year?
Nov 03
Calculating The Fair Value Of Armada Data Corporation (CVE:ARD)
Jun 22Calculating The Intrinsic Value Of Armada Data Corporation (CVE:ARD)
Mar 03We Discuss Why Armada Data Corporation's (CVE:ARD) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year
Nov 10Armada Data Corporation (CVE:ARD) Stock's On A Decline: Are Poor Fundamentals The Cause?
Mar 13A Look At The Fair Value Of Armada Data Corporation (CVE:ARD)
Feb 05
What Does Armada Data's (CVE:ARD) CEO Pay Reveal?
Jan 09Are Robust Financials Driving The Recent Rally In Armada Data Corporation's (CVE:ARD) Stock?
Dec 05Financial Position Analysis
Short Term Liabilities: ARD's short term assets (CA$490.7K) exceed its short term liabilities (CA$235.9K).
Long Term Liabilities: ARD's short term assets (CA$490.7K) exceed its long term liabilities (CA$177.0K).
Debt to Equity History and Analysis
Debt Level: ARD's net debt to equity ratio (59.9%) is considered high.
Reducing Debt: ARD's debt to equity ratio has increased from 0% to 196.1% 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 ARD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ARD is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 33.9% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/10/29 18:55 |
| End of Day Share Price | 2024/10/29 00:00 |
| Earnings | 2024/05/31 |
| Annual Earnings | 2024/05/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Armada Data Corporation is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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