Arianne Phosphate Balance Sheet Health
Financial Health criteria checks 4/6
Arianne Phosphate has a total shareholder equity of CA$38.6M and total debt of CA$24.1M, which brings its debt-to-equity ratio to 62.6%. Its total assets and total liabilities are CA$66.8M and CA$28.2M respectively.
Key information
62.6%
Debt to equity ratio
CA$24.13m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.25m |
| Equity | CA$38.57m |
| Total liabilities | CA$28.23m |
| Total assets | CA$66.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JE9N's short term assets (CA$3.5M) exceed its short term liabilities (CA$2.1M).
Long Term Liabilities: JE9N's short term assets (CA$3.5M) do not cover its long term liabilities (CA$26.1M).
Debt to Equity History and Analysis
Debt Level: JE9N's net debt to equity ratio (54.2%) is considered high.
Reducing Debt: JE9N's debt to equity ratio has reduced from 103.3% to 62.6% 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: Whilst unprofitable JE9N has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: JE9N is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 32% per year.