This company has been acquired
Arena Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Arena Minerals has a total shareholder equity of CA$22.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$23.2M and CA$622.2K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$5.15m |
Equity | CA$22.54m |
Total liabilities | CA$622.23k |
Total assets | CA$23.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMRZ.F's short term assets (CA$5.3M) exceed its short term liabilities (CA$410.9K).
Long Term Liabilities: AMRZ.F's short term assets (CA$5.3M) exceed its long term liabilities (CA$211.3K).
Debt to Equity History and Analysis
Debt Level: AMRZ.F is debt free.
Reducing Debt: AMRZ.F has not had any debt for 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: Whilst unprofitable AMRZ.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AMRZ.F is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 0.8% per year.