Amaroq Minerals Balance Sheet Health
Financial Health criteria checks 3/6
Amaroq Minerals has a total shareholder equity of CA$130.3M and total debt of CA$41.6M, which brings its debt-to-equity ratio to 31.9%. Its total assets and total liabilities are CA$179.9M and CA$49.6M respectively.
Key information
31.9%
Debt to equity ratio
CA$41.55m
Debt
Interest coverage ratio | n/a |
Cash | CA$65.09m |
Equity | CA$130.28m |
Total liabilities | CA$49.60m |
Total assets | CA$179.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMRQ's short term assets (CA$85.6M) exceed its short term liabilities (CA$48.9M).
Long Term Liabilities: AMRQ's short term assets (CA$85.6M) exceed its long term liabilities (CA$681.7K).
Debt to Equity History and Analysis
Debt Level: AMRQ has more cash than its total debt.
Reducing Debt: AMRQ's debt to equity ratio has increased from 0% to 31.9% 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: AMRQ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AMRQ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 42.8% each year