Arc Minerals Balance Sheet Health
Financial Health criteria checks 3/6
Arc Minerals has a total shareholder equity of £10.5M and total debt of £152.0K, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are £12.9M and £2.3M respectively.
Key information
1.4%
Debt to equity ratio
UK£152.00k
Debt
Interest coverage ratio | n/a |
Cash | UK£349.00k |
Equity | UK£10.55m |
Total liabilities | UK£2.35m |
Total assets | UK£12.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACMN.F's short term assets (£2.2M) do not cover its short term liabilities (£2.2M).
Long Term Liabilities: ACMN.F's short term assets (£2.2M) exceed its long term liabilities (£105.0K).
Debt to Equity History and Analysis
Debt Level: ACMN.F has more cash than its total debt.
Reducing Debt: ACMN.F's debt to equity ratio has reduced from 5.2% to 1.4% over the past 5 years.
Debt Coverage: ACMN.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ACMN.F's interest payments on its debt are well covered by EBIT.