Amaroq Minerals Balance Sheet Health
Financial Health criteria checks 2/6
Amaroq Minerals has a total shareholder equity of CA$122.0M and total debt of CA$62.9M, which brings its debt-to-equity ratio to 51.6%. Its total assets and total liabilities are CA$199.1M and CA$77.1M respectively.
Key information
51.6%
Debt to equity ratio
CA$62.92m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$25.94m |
| Equity | CA$121.96m |
| Total liabilities | CA$77.14m |
| Total assets | CA$199.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMRQ.F's short term assets (CA$51.5M) do not cover its short term liabilities (CA$76.5M).
Long Term Liabilities: AMRQ.F's short term assets (CA$51.5M) exceed its long term liabilities (CA$622.1K).
Debt to Equity History and Analysis
Debt Level: AMRQ.F's net debt to equity ratio (30.3%) is considered satisfactory.
Reducing Debt: AMRQ.F's debt to equity ratio has increased from 0% to 51.6% 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: AMRQ.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AMRQ.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.