Arc Minerals Balance Sheet Health
Financial Health criteria checks 4/6
Arc Minerals has a total shareholder equity of £13.6M and total debt of £104.0K, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are £15.4M and £1.8M respectively.
Key information
0.8%
Debt to equity ratio
UK£104.00k
Debt
| Interest coverage ratio | n/a |
| Cash | UK£2.40m |
| Equity | UK£13.60m |
| Total liabilities | UK£1.81m |
| Total assets | UK£15.41m |
Financial Position Analysis
Short Term Liabilities: ARCM's short term assets (£4.3M) exceed its short term liabilities (£1.7M).
Long Term Liabilities: ARCM's short term assets (£4.3M) exceed its long term liabilities (£104.0K).
Debt to Equity History and Analysis
Debt Level: ARCM has more cash than its total debt.
Reducing Debt: ARCM's debt to equity ratio has reduced from 16.8% to 0.8% over the past 5 years.
Debt Coverage: ARCM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ARCM's interest payments on its debt are well covered by EBIT.