Argo Blockchain Balance Sheet Health
Financial Health criteria checks 2/6
Argo Blockchain has a total shareholder equity of $-19.8M and total debt of $39.9M, which brings its debt-to-equity ratio to -201.5%. Its total assets and total liabilities are $29.5M and $49.2M respectively.
Key information
-201.5%
Debt to equity ratio
US$39.85m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.52m |
| Equity | -US$19.77m |
| Total liabilities | US$49.24m |
| Total assets | US$29.46m |
Recent financial health updates
Here's Why Argo Blockchain (LON:ARB) Can Afford Some Debt
Jun 22
Does Argo Blockchain (LON:ARB) Have A Healthy Balance Sheet?
Mar 01Is Argo Blockchain (LON:ARB) Using Too Much Debt?
Nov 10Recent updates
Argo Blockchain plc (LON:ARB) Looks Inexpensive After Falling 31% But Perhaps Not Attractive Enough
Nov 29Even With A 26% Surge, Cautious Investors Are Not Rewarding Argo Blockchain plc's (LON:ARB) Performance Completely
Jul 18Here's Why Argo Blockchain (LON:ARB) Can Afford Some Debt
Jun 22It's Down 26% But Argo Blockchain plc (LON:ARB) Could Be Riskier Than It Looks
Mar 27Not Many Are Piling Into Argo Blockchain plc (LON:ARB) Stock Yet As It Plummets 44%
Feb 01A Piece Of The Puzzle Missing From Argo Blockchain plc's (LON:ARB) 74% Share Price Climb
Dec 18Argo Blockchain (LON:ARB) Is Looking To Continue Growing Its Returns On Capital
Aug 11Why We're Not Concerned Yet About Argo Blockchain plc's (LON:ARB) 27% Share Price Plunge
May 21Is Now The Time To Put Argo Blockchain (LON:ARB) On Your Watchlist?
May 10Investors Will Want Argo Blockchain's (LON:ARB) Growth In ROCE To Persist
Mar 28Does Argo Blockchain (LON:ARB) Have A Healthy Balance Sheet?
Mar 01Argo Blockchain (LON:ARB) Is Looking To Continue Growing Its Returns On Capital
Dec 07Is Argo Blockchain (LON:ARB) Using Too Much Debt?
Nov 10Financial Position Analysis
Short Term Liabilities: ARB has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ARB has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: ARB has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ARB's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: Whilst unprofitable ARB has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ARB is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 1.7% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 03:32 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Argo Blockchain plc is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ramsey El-Assal | Barclays |
| Joseph Vafi | Canaccord Genuity |
| William Chase White | Compass Point Research & Trading, LLC |