Amaroq Minerals Balance Sheet Health
Financial Health criteria checks 3/6
Amaroq Minerals has a total shareholder equity of CA$135.4M and total debt of CA$33.4M, which brings its debt-to-equity ratio to 24.7%. Its total assets and total liabilities are CA$178.0M and CA$42.6M respectively.
Key information
24.7%
Debt to equity ratio
CA$33.44m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$31.66m |
| Equity | CA$135.37m |
| Total liabilities | CA$42.59m |
| Total assets | CA$177.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 72Q's short term assets (CA$59.2M) exceed its short term liabilities (CA$41.9M).
Long Term Liabilities: 72Q's short term assets (CA$59.2M) exceed its long term liabilities (CA$652.1K).
Debt to Equity History and Analysis
Debt Level: 72Q's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: 72Q's debt to equity ratio has increased from 0% to 24.7% 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: 72Q has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 72Q has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.