Armada Data Balance Sheet Health
Financial Health criteria checks 2/6
Armada Data has a total shareholder equity of CA$61.2K and total debt of CA$177.0K, which brings its debt-to-equity ratio to 289.1%. Its total assets and total liabilities are CA$503.5K and CA$442.2K respectively.
Key information
289.1%
Debt to equity ratio
CA$177.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$34.38k |
Equity | CA$61.22k |
Total liabilities | CA$442.25k |
Total assets | CA$503.47k |
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 03Calculating 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 05What 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$489.7K) exceed its short term liabilities (CA$265.2K).
Long Term Liabilities: ARD's short term assets (CA$489.7K) exceed its long term liabilities (CA$177.0K).
Debt to Equity History and Analysis
Debt Level: ARD's net debt to equity ratio (233%) is considered high.
Reducing Debt: ARD's debt to equity ratio has increased from 0% to 289.1% 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: ARD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ARD has less than a year of cash runway if free cash flow continues to reduce at historical rates of 39.1% each year