Argo Blockchain Balance Sheet Health
Financial Health criteria checks 0/6
Argo Blockchain has a total shareholder equity of $-2.9M and total debt of $68.0M, which brings its debt-to-equity ratio to -2307.9%. Its total assets and total liabilities are $84.0M and $87.0M respectively.
Key information
-2,307.9%
Debt to equity ratio
US$67.99m
Debt
| Interest coverage ratio | n/a |
| Cash | US$7.99m |
| Equity | -US$2.95m |
| Total liabilities | US$86.96m |
| Total assets | US$84.02m |
Recent financial health updates
Does Argo Blockchain (LON:ARB) Have A Healthy Balance Sheet?
Mar 01
Is Argo Blockchain (LON:ARB) Using Too Much Debt?
Nov 10Recent updates
Argo 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 10Brokers Are Upgrading Their Views On Argo Blockchain plc (LON:ARB) With These New Forecasts
Aug 15Argo Blockchain plc Just Missed EPS By 10%: Here's What Analysts Think Will Happen Next
Aug 12Analysts Just Shaved Their Argo Blockchain plc (LON:ARB) Forecasts Dramatically
Jun 04Argo Blockchain's (LON:ARB) Earnings Are Weaker Than They Seem
May 07Argo Blockchain plc (LON:ARB) On The Verge Of Breaking Even
Feb 26What Is The Ownership Structure Like For Argo Blockchain plc (LON:ARB)?
Jan 02Argo Blockchain plc (LON:ARB): When Will It Breakeven?
Nov 28Financial 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: ARB has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ARB has less than a year of cash runway if free cash flow continues to reduce at historical rates of 57.7% each year