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 ration/a
CashCA$31.66m
EquityCA$135.37m
Total liabilitiesCA$42.59m
Total assetsCA$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.


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