Arundel Balance Sheet Health
Financial Health criteria checks 3/6
Arundel has a total shareholder equity of $9.5M and total debt of $166.8M, which brings its debt-to-equity ratio to 1748.4%. Its total assets and total liabilities are $191.3M and $181.8M respectively. Arundel's EBIT is $4.9M making its interest coverage ratio 0.9. It has cash and short-term investments of $1.3M.
Key information
1,748.4%
Debt to equity ratio
US$166.79m
Debt
Interest coverage ratio | 0.9x |
Cash | US$1.25m |
Equity | US$9.54m |
Total liabilities | US$181.79m |
Total assets | US$191.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARONZ's short term assets ($31.4M) exceed its short term liabilities ($23.1M).
Long Term Liabilities: ARONZ's short term assets ($31.4M) do not cover its long term liabilities ($158.7M).
Debt to Equity History and Analysis
Debt Level: ARONZ's net debt to equity ratio (1735.2%) is considered high.
Reducing Debt: ARONZ's debt to equity ratio has increased from 529.3% to 1748.4% 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: ARONZ has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: ARONZ has sufficient cash runway for 2.4 years if free cash flow continues to grow at historical rates of 37% each year.