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Argos Resources Balance Sheet Health
Financial Health criteria checks 4/6
Argos Resources has a total shareholder equity of $29.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $29.4M and $42.0K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$132.00k |
Equity | US$29.32m |
Total liabilities | US$42.00k |
Total assets | US$29.37m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARG's short term assets ($191.0K) exceed its short term liabilities ($42.0K).
Long Term Liabilities: ARG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ARG is debt free.
Reducing Debt: ARG has not had any debt for 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: Insufficient data to determine if ARG has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ARG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.