Arundel Balance Sheet Health
Financial Health criteria checks 1/6
Arundel has a total shareholder equity of $9.5M and total debt of $166.8M, which brings its debt-to-equity ratio to 1748.4%. Its total assets and total liabilities are $191.3M and $181.8M respectively. Arundel's EBIT is $4.9M making its interest coverage ratio 0.9. It has cash and short-term investments of $1.3M.
Key information
1,748.4%
Debt to equity ratio
US$166.79m
Debt
| Interest coverage ratio | 0.9x |
| Cash | US$1.25m |
| Equity | US$9.54m |
| Total liabilities | US$181.79m |
| Total assets | US$191.33m |
Financial Position Analysis
Short Term Liabilities: ARON's short term assets ($31.4M) exceed its short term liabilities ($23.1M).
Long Term Liabilities: ARON's short term assets ($31.4M) do not cover its long term liabilities ($158.7M).
Debt to Equity History and Analysis
Debt Level: ARON's net debt to equity ratio (1735.2%) is considered high.
Reducing Debt: ARON's debt to equity ratio has increased from 529.3% to 1748.4% 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: Insufficient data to determine if ARON has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ARON has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.