Asiamet Resources Limited

AIM:ARS Stock Report

Market Cap: UK£22.0m

Asiamet Resources Balance Sheet Health

Financial Health criteria checks 6/6

Asiamet Resources has a total shareholder equity of $837.0K and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.1M and $1.2M respectively.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ration/a
CashUS$1.80m
EquityUS$837.00k
Total liabilitiesUS$1.25m
Total assetsUS$2.08m

Recent financial health updates

Recent updates

Will Asiamet Resources (LON:ARS) Spend Its Cash Wisely?

May 11
Will Asiamet Resources (LON:ARS) Spend Its Cash Wisely?

Will Asiamet Resources (LON:ARS) Spend Its Cash Wisely?

Aug 12
Will Asiamet Resources (LON:ARS) Spend Its Cash Wisely?

Here's Why We're Watching Asiamet Resources' (LON:ARS) Cash Burn Situation

Mar 03
Here's Why We're Watching Asiamet Resources' (LON:ARS) Cash Burn Situation

Here's Why We're Watching Asiamet Resources' (LON:ARS) Cash Burn Situation

Nov 05
Here's Why We're Watching Asiamet Resources' (LON:ARS) Cash Burn Situation

Here's Why We're Watching Asiamet Resources' (LON:ARS) Cash Burn Situation

Jun 17
Here's Why We're Watching Asiamet Resources' (LON:ARS) Cash Burn Situation

Companies Like Asiamet Resources (LON:ARS) Can Afford To Invest In Growth

Aug 28
Companies Like Asiamet Resources (LON:ARS) Can Afford To Invest In Growth

Here's Why We're Watching Asiamet Resources' (LON:ARS) Cash Burn Situation

Dec 05
Here's Why We're Watching Asiamet Resources' (LON:ARS) Cash Burn Situation

Financial Position Analysis

Short Term Liabilities: ARS's short term assets ($2.0M) exceed its short term liabilities ($635.0K).

Long Term Liabilities: ARS's short term assets ($2.0M) exceed its long term liabilities ($611.0K).


Debt to Equity History and Analysis

Debt Level: ARS is debt free.

Reducing Debt: ARS had no debt 5 years ago.


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: ARS has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: ARS is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 12:44
End of Day Share Price 2024/12/23 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Asiamet Resources Limited is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Charles FitzroyArden Partners Plc.
Andrew SimmsArden Partners Plc.
Richard HatchBerenberg