Argent Minerals Limited

OTCPK:ARDN.F Stock Report

Market Cap: US$26.6m

Argent Minerals Balance Sheet Health

Financial Health criteria checks 6/6

Argent Minerals has a total shareholder equity of A$3.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$3.9M and A$162.0K respectively.

Key information

0%

Debt to equity ratio

AU$0

Debt

Interest coverage ration/a
CashAU$3.39m
EquityAU$3.75m
Total liabilitiesAU$162.05k
Total assetsAU$3.91m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: ARDN.F's short term assets (A$3.5M) exceed its short term liabilities (A$162.0K).

Long Term Liabilities: ARDN.F has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: ARDN.F is debt free.

Reducing Debt: ARDN.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: ARDN.F has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: ARDN.F has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 4.3% each year.


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