Avanti Helium Balance Sheet Health
Financial Health criteria checks 4/6
Avanti Helium has a total shareholder equity of CA$25.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$28.5M and CA$3.1M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$230.87k |
| Equity | CA$25.46m |
| Total liabilities | CA$3.08m |
| Total assets | CA$28.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARGY.F's short term assets (CA$433.4K) do not cover its short term liabilities (CA$2.6M).
Long Term Liabilities: ARGY.F's short term assets (CA$433.4K) do not cover its long term liabilities (CA$456.3K).
Debt to Equity History and Analysis
Debt Level: ARGY.F is debt free.
Reducing Debt: ARGY.F has no debt compared to 5 years ago when its debt to equity ratio was 4975%.
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: ARGY.F has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ARGY.F is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.