Arrow Exploration Balance Sheet Health
Financial Health criteria checks 6/6
Arrow Exploration has a total shareholder equity of $46.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $67.9M and $21.7M respectively. Arrow Exploration's EBIT is $9.8M making its interest coverage ratio 271. It has cash and short-term investments of $11.1M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 271x |
| Cash | US$11.14m |
| Equity | US$46.12m |
| Total liabilities | US$21.75m |
| Total assets | US$67.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AXL's short term assets ($20.0M) exceed its short term liabilities ($13.3M).
Long Term Liabilities: AXL's short term assets ($20.0M) exceed its long term liabilities ($8.4M).
Debt to Equity History and Analysis
Debt Level: AXL is debt free.
Reducing Debt: AXL has no debt compared to 5 years ago when its debt to equity ratio was 10.5%.
Debt Coverage: AXL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AXL has no debt, therefore coverage of interest payments is not a concern.