Arc Minerals Balance Sheet Health
Financial Health criteria checks 2/6
Arc Minerals has a total shareholder equity of £3.5M and total debt of £1.4M, which brings its debt-to-equity ratio to 38.3%. Its total assets and total liabilities are £6.6M and £3.0M respectively.
Key information
38.3%
Debt to equity ratio
UK£1.35m
Debt
Interest coverage ratio | n/a |
Cash | UK£291.00k |
Equity | UK£3.54m |
Total liabilities | UK£3.04m |
Total assets | UK£6.58m |
Financial Position Analysis
Short Term Liabilities: ARCM's short term assets (£1.4M) do not cover its short term liabilities (£2.9M).
Long Term Liabilities: ARCM's short term assets (£1.4M) exceed its long term liabilities (£106.0K).
Debt to Equity History and Analysis
Debt Level: ARCM's net debt to equity ratio (30%) is considered satisfactory.
Reducing Debt: ARCM's debt to equity ratio has increased from 4.1% to 38.3% 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: Insufficient data to determine if ARCM has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ARCM has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.