Archer Balance Sheet Health
Financial Health criteria checks 4/6
Archer has a total shareholder equity of $196.2M and total debt of $400.8M, which brings its debt-to-equity ratio to 204.3%. Its total assets and total liabilities are $905.7M and $709.5M respectively. Archer's EBIT is $66.8M making its interest coverage ratio 1.3. It has cash and short-term investments of $52.1M.
Key information
204.3%
Debt to equity ratio
US$400.80m
Debt
Interest coverage ratio | 1.3x |
Cash | US$52.10m |
Equity | US$196.20m |
Total liabilities | US$709.50m |
Total assets | US$905.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8SW1's short term assets ($354.8M) exceed its short term liabilities ($277.5M).
Long Term Liabilities: 8SW1's short term assets ($354.8M) do not cover its long term liabilities ($432.0M).
Debt to Equity History and Analysis
Debt Level: 8SW1's net debt to equity ratio (177.7%) is considered high.
Reducing Debt: 8SW1's debt to equity ratio has reduced from 411.7% to 204.3% 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: Whilst unprofitable 8SW1 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8SW1 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 12.1% per year.