Altius Renewable Royalties Balance Sheet Health
Financial Health criteria checks 6/6
Altius Renewable Royalties has a total shareholder equity of $208.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $218.9M and $10.4M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$67.19m |
| Equity | US$208.55m |
| Total liabilities | US$10.37m |
| Total assets | US$218.92m |
Recent financial health updates
We're Hopeful That Altius Renewable Royalties (TSE:ARR) Will Use Its Cash Wisely
Dec 03
We're Not Worried About Altius Renewable Royalties' (TSE:ARR) Cash Burn
Jul 21Altius Renewable Royalties (TSE:ARR) Is In A Strong Position To Grow Its Business
Feb 21Altius Renewable Royalties (TSE:ARR) Is In A Strong Position To Grow Its Business
Sep 14Recent updates
We're Hopeful That Altius Renewable Royalties (TSE:ARR) Will Use Its Cash Wisely
Dec 03A Look At The Fair Value Of Altius Renewable Royalties Corp. (TSE:ARR)
Sep 13We're Not Worried About Altius Renewable Royalties' (TSE:ARR) Cash Burn
Jul 21Altius Renewable Royalties (TSE:ARR) Is In A Strong Position To Grow Its Business
Feb 21Altius Renewable Royalties (TSE:ARR) Is In A Strong Position To Grow Its Business
Sep 14Financial Position Analysis
Short Term Liabilities: ARR's short term assets ($68.0M) exceed its short term liabilities ($324.0K).
Long Term Liabilities: ARR's short term assets ($68.0M) exceed its long term liabilities ($10.0M).
Debt to Equity History and Analysis
Debt Level: ARR is debt free.
Reducing Debt: ARR had no debt 5 years ago.
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 ARR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ARR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 10.3% per year.