ARHT Media Balance Sheet Health
Financial Health criteria checks 5/6
ARHT Media has a total shareholder equity of CA$589.0K and total debt of CA$2.1M, which brings its debt-to-equity ratio to 359.5%. Its total assets and total liabilities are CA$6.4M and CA$5.8M respectively.
Key information
359.5%
Debt to equity ratio
CA$2.12m
Debt
Interest coverage ratio | n/a |
Cash | CA$517.01k |
Equity | CA$588.96k |
Total liabilities | CA$5.76m |
Total assets | CA$6.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VE3P's short term assets (CA$3.6M) exceed its short term liabilities (CA$3.6M).
Long Term Liabilities: VE3P's short term assets (CA$3.6M) exceed its long term liabilities (CA$2.2M).
Debt to Equity History and Analysis
Debt Level: VE3P's net debt to equity ratio (271.7%) is considered high.
Reducing Debt: VE3P had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: VE3P has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: VE3P is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.