ARHT Media Balance Sheet Health
Financial Health criteria checks 5/6
ARHT Media has a total shareholder equity of CA$589.0K and total debt of CA$2.1M, which brings its debt-to-equity ratio to 359.5%. Its total assets and total liabilities are CA$6.4M and CA$5.8M respectively.
Key information
359.5%
Debt to equity ratio
CA$2.12m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$517.01k |
| Equity | CA$588.96k |
| Total liabilities | CA$5.76m |
| Total assets | CA$6.35m |
Recent financial health updates
ARHT Media (CVE:ART) Is Carrying A Fair Bit Of Debt
Dec 01
Here's Why We're Watching ARHT Media's (CVE:ART) Cash Burn Situation
Apr 29We Think ARHT Media (CVE:ART) Needs To Drive Business Growth Carefully
Jan 08We're Keeping An Eye On ARHT Media's (CVE:ART) Cash Burn Rate
Sep 24Will ARHT Media (CVE:ART) Spend Its Cash Wisely?
Jun 09We Think ARHT Media (CVE:ART) Needs To Drive Business Growth Carefully
Feb 23Recent updates
ARHT Media (CVE:ART) Is Carrying A Fair Bit Of Debt
Dec 01Here's Why We're Watching ARHT Media's (CVE:ART) Cash Burn Situation
Apr 29We Think ARHT Media (CVE:ART) Needs To Drive Business Growth Carefully
Jan 08We're Keeping An Eye On ARHT Media's (CVE:ART) Cash Burn Rate
Sep 24Will ARHT Media (CVE:ART) Spend Its Cash Wisely?
Jun 09We Think ARHT Media (CVE:ART) Needs To Drive Business Growth Carefully
Feb 23Here's Why We're Watching ARHT Media's (CVE:ART) Cash Burn Situation
Nov 04We Think Shareholders Are Less Likely To Approve A Large Pay Rise For ARHT Media Inc.'s (CVE:ART) CEO For Now
Jul 22Financial Position Analysis
Short Term Liabilities: ART's short term assets (CA$3.6M) exceed its short term liabilities (CA$3.6M).
Long Term Liabilities: ART's short term assets (CA$3.6M) exceed its long term liabilities (CA$2.2M).
Debt to Equity History and Analysis
Debt Level: ART's net debt to equity ratio (271.7%) is considered high.
Reducing Debt: ART had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: ART has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ART is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.