Argosy Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Argosy Minerals has a total shareholder equity of A$20.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$20.9M and A$558.7K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$11.30m |
| Equity | AU$20.33m |
| Total liabilities | AU$558.74k |
| Total assets | AU$20.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARYM.F's short term assets (A$11.4M) exceed its short term liabilities (A$427.0K).
Long Term Liabilities: ARYM.F's short term assets (A$11.4M) exceed its long term liabilities (A$131.8K).
Debt to Equity History and Analysis
Debt Level: ARYM.F is debt free.
Reducing Debt: ARYM.F had no debt 5 years ago.
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: ARYM.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ARYM.F has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 15.9% each year.