Argeo Balance Sheet Health
Financial Health criteria checks 1/6
Argeo has a total shareholder equity of $41.8M and total debt of $19.4M, which brings its debt-to-equity ratio to 46.4%. Its total assets and total liabilities are $106.5M and $64.7M respectively.
Key information
46.4%
Debt to equity ratio
US$19.38m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.70m |
| Equity | US$41.77m |
| Total liabilities | US$64.74m |
| Total assets | US$106.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARGEOO's short term assets ($24.3M) do not cover its short term liabilities ($30.1M).
Long Term Liabilities: ARGEOO's short term assets ($24.3M) do not cover its long term liabilities ($34.6M).
Debt to Equity History and Analysis
Debt Level: ARGEOO's net debt to equity ratio (39.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ARGEOO's debt to equity ratio has reduced 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: ARGEOO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ARGEOO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 51.9% each year