Archer Balance Sheet Health
Financial Health criteria checks 4/6
Archer has a total shareholder equity of $181.8M and total debt of $405.0M, which brings its debt-to-equity ratio to 222.8%. Its total assets and total liabilities are $889.0M and $707.2M respectively. Archer's EBIT is $69.4M making its interest coverage ratio 1.3. It has cash and short-term investments of $51.6M.
Key information
222.8%
Debt to equity ratio
US$405.00m
Debt
| Interest coverage ratio | 1.3x |
| Cash | US$51.60m |
| Equity | US$181.80m |
| Total liabilities | US$707.20m |
| Total assets | US$889.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARCHO's short term assets ($358.6M) exceed its short term liabilities ($283.1M).
Long Term Liabilities: ARCHO's short term assets ($358.6M) do not cover its long term liabilities ($424.1M).
Debt to Equity History and Analysis
Debt Level: ARCHO's net debt to equity ratio (194.4%) is considered high.
Reducing Debt: ARCHO's debt to equity ratio has reduced from 401.9% to 222.8% 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 ARCHO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ARCHO is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 4.4% per year.