Archer Balance Sheet Health
Financial Health criteria checks 3/6
Archer has a total shareholder equity of $191.6M and total debt of $405.5M, which brings its debt-to-equity ratio to 211.6%. Its total assets and total liabilities are $930.2M and $738.6M respectively. Archer's EBIT is $71.7M making its interest coverage ratio 1.3. It has cash and short-term investments of $56.9M.
Key information
211.6%
Debt to equity ratio
US$405.50m
Debt
| Interest coverage ratio | 1.3x |
| Cash | US$56.90m |
| Equity | US$191.60m |
| Total liabilities | US$738.60m |
| Total assets | US$930.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8SW's short term assets ($376.9M) exceed its short term liabilities ($307.8M).
Long Term Liabilities: 8SW's short term assets ($376.9M) do not cover its long term liabilities ($430.8M).
Debt to Equity History and Analysis
Debt Level: 8SW's net debt to equity ratio (181.9%) is considered high.
Reducing Debt: 8SW's debt to equity ratio has reduced from 638.3% to 211.6% over the past 5 years.
Debt Coverage: 8SW's debt is well covered by operating cash flow (20.2%).
Interest Coverage: 8SW's interest payments on its debt are not well covered by EBIT (1.3x coverage).