Archer Balance Sheet Health
Financial Health criteria checks 3/6
Archer has a total shareholder equity of $175.6M and total debt of $420.2M, which brings its debt-to-equity ratio to 239.3%. Its total assets and total liabilities are $891.8M and $716.2M respectively. Archer's EBIT is $70.0M making its interest coverage ratio 1.3. It has cash and short-term investments of $57.4M.
Key information
239.3%
Debt to equity ratio
US$420.20m
Debt
Interest coverage ratio | 1.3x |
Cash | US$57.40m |
Equity | US$175.60m |
Total liabilities | US$716.20m |
Total assets | US$891.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARHV.D's short term assets ($363.4M) exceed its short term liabilities ($285.8M).
Long Term Liabilities: ARHV.D's short term assets ($363.4M) do not cover its long term liabilities ($430.4M).
Debt to Equity History and Analysis
Debt Level: ARHV.D's net debt to equity ratio (206.6%) is considered high.
Reducing Debt: ARHV.D's debt to equity ratio has reduced from 408.2% to 239.3% 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: ARHV.D has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ARHV.D has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.