Arrow Exploration Balance Sheet Health
Financial Health criteria checks 4/6
Arrow Exploration has a total shareholder equity of $41.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $62.3M and $20.8M respectively. Arrow Exploration's EBIT is $1.9M making its interest coverage ratio 13.6. It has cash and short-term investments of $12.3M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 13.6x |
Cash | US$12.33m |
Equity | US$41.51m |
Total liabilities | US$20.77m |
Total assets | US$62.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: C1JT's short term assets ($21.6M) exceed its short term liabilities ($13.0M).
Long Term Liabilities: C1JT's short term assets ($21.6M) exceed its long term liabilities ($7.8M).
Debt to Equity History and Analysis
Debt Level: C1JT is debt free.
Reducing Debt: C1JT has no debt compared to 5 years ago when its debt to equity ratio was 9.9%.
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 C1JT has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if C1JT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.