Arq Balance Sheet Health
Financial Health criteria checks 4/6
Arq has a total shareholder equity of $218.1M and total debt of $17.8M, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are $280.0M and $61.8M respectively. Arq's EBIT is $1.3M making its interest coverage ratio 0.5. It has cash and short-term investments of $48.7M.
Key information
8.1%
Debt to equity ratio
US$17.77m
Debt
| Interest coverage ratio | 0.5x |
| Cash | US$48.66m |
| Equity | US$218.12m |
| Total liabilities | US$61.85m |
| Total assets | US$279.97m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ARQ's short term assets ($87.3M) exceed its short term liabilities ($30.2M).
Long Term Liabilities: ARQ's short term assets ($87.3M) exceed its long term liabilities ($31.7M).
Debt to Equity History and Analysis
Debt Level: ARQ has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ARQ'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: ARQ has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ARQ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21% each year