Arctic Star Exploration Balance Sheet Health
Financial Health criteria checks 5/6
Arctic Star Exploration has a total shareholder equity of CA$8.2M and total debt of CA$278.9K, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are CA$8.9M and CA$713.0K respectively.
Key information
3.4%
Debt to equity ratio
CA$278.92k
Debt
Interest coverage ratio | n/a |
Cash | CA$28.42k |
Equity | CA$8.20m |
Total liabilities | CA$713.01k |
Total assets | CA$8.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASDZ.F's short term assets (CA$331.0K) do not cover its short term liabilities (CA$713.0K).
Long Term Liabilities: ASDZ.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ASDZ.F's net debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: ASDZ.F's debt to equity ratio has reduced from 4.9% to 3.4% 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: ASDZ.F has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ASDZ.F is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.