Archer Balance Sheet Health
Financial Health criteria checks 3/6
Archer has a total shareholder equity of $191.6M and total debt of $405.5M, which brings its debt-to-equity ratio to 211.6%. Its total assets and total liabilities are $930.2M and $738.6M respectively. Archer's EBIT is $71.7M making its interest coverage ratio 1.3. It has cash and short-term investments of $56.9M.
Key information
211.6%
Debt to equity ratio
US$405.50m
Debt
| Interest coverage ratio | 1.3x |
| Cash | US$56.90m |
| Equity | US$191.60m |
| Total liabilities | US$738.60m |
| Total assets | US$930.20m |
Recent financial health updates
Does Archer (OB:ARCH) Have A Healthy Balance Sheet?
Oct 07
We Think Archer (OB:ARCH) Is Taking Some Risk With Its Debt
Jun 24Archer (OB:ARCH) Use Of Debt Could Be Considered Risky
Aug 14These 4 Measures Indicate That Archer (OB:ARCH) Is Using Debt In A Risky Way
Apr 02Archer (OB:ARCH) Seems To Be Using A Lot Of Debt
Apr 11Recent updates
Potential Upside For Archer Limited (OB:ARCH) Not Without Risk
Nov 05Take Care Before Diving Into The Deep End On Archer Limited (OB:ARCH)
Aug 06Archer Limited's (OB:ARCH) Price Is Right But Growth Is Lacking After Shares Rocket 25%
Mar 31Does Archer (OB:ARCH) Have A Healthy Balance Sheet?
Oct 07We Think Archer (OB:ARCH) Is Taking Some Risk With Its Debt
Jun 24Archer (OB:ARCH) Use Of Debt Could Be Considered Risky
Aug 14These 4 Measures Indicate That Archer (OB:ARCH) Is Using Debt In A Risky Way
Apr 02Archer (OB:ARCH) Strong Profits May Be Masking Some Underlying Issues
May 19Archer (OB:ARCH) Seems To Be Using A Lot Of Debt
Apr 11Should You Be Worried About Archer's (OB:ARCH) Returns On Capital?
Feb 16
Reflecting on Archer's (OB:ARCH) Share Price Returns Over The Last Three Years
Jan 11Financial Position Analysis
Short Term Liabilities: ARCH's short term assets ($376.9M) exceed its short term liabilities ($307.8M).
Long Term Liabilities: ARCH's short term assets ($376.9M) do not cover its long term liabilities ($430.8M).
Debt to Equity History and Analysis
Debt Level: ARCH's net debt to equity ratio (181.9%) is considered high.
Reducing Debt: ARCH's debt to equity ratio has reduced from 638.3% to 211.6% over the past 5 years.
Debt Coverage: ARCH's debt is well covered by operating cash flow (20.2%).
Interest Coverage: ARCH's interest payments on its debt are not well covered by EBIT (1.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/01 06:24 |
| End of Day Share Price | 2025/01/31 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 |
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| 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
Archer Limited is covered by 15 analysts. 3 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 |
|---|---|
| Kjetil Garstad | Arctic Securities ASA |
| Håkon Johansen | Beringer Finance AB |
| Chr. Frederik Lunde | Carnegie Investment Bank AB |