American Resources Balance Sheet Health
Financial Health criteria checks 2/6
American Resources has a total shareholder equity of $223.8K and total debt of $45.0M, which brings its debt-to-equity ratio to 20084.1%. Its total assets and total liabilities are $91.7M and $91.5M respectively.
Key information
20,084.1%
Debt to equity ratio
US$44.96m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.67m |
| Equity | US$223.84k |
| Total liabilities | US$91.52m |
| Total assets | US$91.75m |
Recent financial health updates
Would American Resources (NASDAQ:AREC) Be Better Off With Less Debt?
Feb 06
Does American Resources (NASDAQ:AREC) Have A Healthy Balance Sheet?
Sep 27Here's Why American Resources (NASDAQ:AREC) Can Afford Some Debt
Apr 03Is American Resources (NASDAQ:AREC) A Risky Investment?
Jan 13Is American Resources (NASDAQ:AREC) A Risky Investment?
Sep 24Recent updates
American Resources Is Misunderstood And Has An Enormous Upside
Feb 14Would American Resources (NASDAQ:AREC) Be Better Off With Less Debt?
Feb 06Does American Resources (NASDAQ:AREC) Have A Healthy Balance Sheet?
Sep 27With American Resources Corporation (NASDAQ:AREC) It Looks Like You'll Get What You Pay For
Jun 08Here's Why American Resources (NASDAQ:AREC) Can Afford Some Debt
Apr 03American Resources rallies on $10M share repurchase program
Aug 29American Resources GAAP EPS of -$0.04 beats by $0.01, revenue of $16.2M misses by $2.8M
Aug 15American Resources cheers significant estimated Y/Y growth in Q2 revenue
Jul 19American Resources' reELEMENT secures working capital facility
Jul 01Is American Resources (NASDAQ:AREC) A Risky Investment?
Jan 13Is American Resources (NASDAQ:AREC) A Risky Investment?
Sep 24American Resources to join Russell Microcap Index
Jun 14American Resources reaches 99.5% neodymium purity from waste magnets
Jun 07Here's What American Resources Corporation's (NASDAQ:AREC) Shareholder Ownership Structure Looks Like
Mar 10American Resources' (NASDAQ:AREC) Wonderful 491% Share Price Increase Shows How Capitalism Can Build Wealth
Feb 03
American Resources stock soars on licensing patents in rare earth elements push
Feb 02American Resources secures base load sales commitments for infrastructure raw materials
Jan 06When Will American Resources Corporation (NASDAQ:AREC) Turn A Profit?
Dec 24American Resources rallies on subsidiary entering into JV
Nov 24Financial Position Analysis
Short Term Liabilities: AREC's short term assets ($34.9M) exceed its short term liabilities ($18.1M).
Long Term Liabilities: AREC's short term assets ($34.9M) do not cover its long term liabilities ($73.5M).
Debt to Equity History and Analysis
Debt Level: AREC's net debt to equity ratio (18892.9%) is considered high.
Reducing Debt: AREC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: AREC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AREC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 2.4% each year