Artemis Gold Balance Sheet Health
Financial Health criteria checks 2/6
Artemis Gold has a total shareholder equity of CA$580.2M and total debt of CA$271.0M, which brings its debt-to-equity ratio to 46.7%. Its total assets and total liabilities are CA$1.3B and CA$695.3M respectively.
Key information
46.7%
Debt to equity ratio
CA$271.00m
Debt
Interest coverage ratio | n/a |
Cash | CA$154.51m |
Equity | CA$580.16m |
Total liabilities | CA$695.34m |
Total assets | CA$1.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARGT.F's short term assets (CA$167.0M) exceed its short term liabilities (CA$70.8M).
Long Term Liabilities: ARGT.F's short term assets (CA$167.0M) do not cover its long term liabilities (CA$624.6M).
Debt to Equity History and Analysis
Debt Level: ARGT.F's net debt to equity ratio (20.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ARGT.F'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: ARGT.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ARGT.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 50.4% each year