Amaroq Minerals Balance Sheet Health
Financial Health criteria checks 3/6
Amaroq Minerals has a total shareholder equity of CA$122.0M and total debt of CA$62.9M, which brings its debt-to-equity ratio to 51.6%. Its total assets and total liabilities are CA$199.1M and CA$77.1M respectively.
Key information
51.6%
Debt to equity ratio
CA$62.92m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$25.94m |
| Equity | CA$121.96m |
| Total liabilities | CA$77.14m |
| Total assets | CA$199.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 72Q's short term assets (CA$51.5M) do not cover its short term liabilities (CA$76.5M).
Long Term Liabilities: 72Q's short term assets (CA$51.5M) exceed its long term liabilities (CA$622.1K).
Debt to Equity History and Analysis
Debt Level: 72Q's net debt to equity ratio (30.3%) is considered satisfactory.
Reducing Debt: 72Q's debt to equity ratio has increased from 0% to 51.6% 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 sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 17:10 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Amaroq Minerals Ltd. is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Timothy Huff | Canaccord Genuity |
| Gerald Khoo | CGS International |
| Yuen Low | Panmure Liberum |