American Resources Corp financial data

Symbol
AREC on Nasdaq
Industry
Silver Ores
Location
12115 Visionary Way, Suite 174, Fishers, IN
State of incorporation
FL
Fiscal year end
December 31
Former names
NGFC Equities, Inc. (to 2/15/2017), NATURAL GAS FUELING & CONVERSION INC. (to 5/7/2015)
Latest financial report
10-Q - Q3 2024 - Nov 19, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 64 % +40.4%
Quick Ratio 5.45 % -29.2%
Debt-to-equity 943 %
Return On Equity -7.84 % -130%
Return On Assets 1.86 %
Operating Margin -526 % -633%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 77.4M shares -1.08%
Common Stock, Shares, Outstanding 76.2M shares +14%
Entity Public Float 131M USD +69.2%
Common Stock, Value, Issued 7.74K USD +1.51%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 4.49M USD -79%
Cost of Revenue 12.4M USD +504%
General and Administrative Expense 12.1M USD +137%
Operating Income (Loss) -23.6M USD -54.1%
Nonoperating Income (Expense) 5.99M USD
Net Income (Loss) Attributable to Parent 3.34M USD -275%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 840K USD
Accounts Receivable, after Allowance for Credit Loss, Current 0 USD -100%
Inventory, Net 2.03M USD -6.31%
Assets, Current 5.71M USD -53.7%
Property, Plant and Equipment, Net 17.5M USD +49.6%
Operating Lease, Right-of-Use Asset 735K USD +30.3%
Other Assets, Noncurrent 91.3M USD
Assets 212M USD +106%
Accounts Payable, Current 4.33M USD +30.4%
Accrued Liabilities, Current 515K USD +260%
Liabilities, Current 24.6M USD +51.8%
Operating Lease, Liability, Noncurrent 704K USD -90.9%
Liabilities 266M USD +201%
Retained Earnings (Accumulated Deficit) -235M USD -43.2%
Stockholders' Equity Attributable to Parent -51.8M USD -453%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -53.4M USD -147%
Liabilities and Equity 213M USD +107%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -8.13M USD -10.7%
Net Cash Provided by (Used in) Financing Activities 147M USD
Net Cash Provided by (Used in) Investing Activities 3.8M USD +293%
Common Stock, Shares Authorized 230M shares 0%
Common Stock, Shares, Issued 77.4M shares +15.8%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -8.57M USD -36.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 162M USD +238%
Interest Paid, Excluding Capitalized Interest, Operating Activities 64.1K USD +1620%
Deferred Tax Assets, Gross 1.83M USD +430%
Operating Lease, Liability 57.7K USD -30.2%
Depreciation 1.14M USD +246%
Payments to Acquire Property, Plant, and Equipment 509K USD -29.8%
Property, Plant and Equipment, Gross 17.5M USD
Operating Lease, Liability, Current 87.9K USD -98.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 71.8K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 80.9K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.11 pure 0%
Lessee, Operating Lease, Liability, to be Paid, Year Three 59.7K USD
Deferred Tax Assets, Operating Loss Carryforwards 25.7M USD +7.67%
Lessee, Operating Lease, Liability, to be Paid, Year Four 68.4K USD
Additional Paid in Capital 183M USD +2.37%
Operating Leases, Future Minimum Payments, Due in Two Years 2.49M USD
Amortization of Intangible Assets 1.23M USD -0.62%
Depreciation, Depletion and Amortization 32.5K USD +144%
Operating Leases, Future Minimum Payments Due, Next Twelve Months 403K USD
Share-based Payment Arrangement, Expense 1.52M USD -22.6%
Operating Leases, Future Minimum Payments, Due in Three Years 2.18M USD
Operating Leases, Future Minimum Payments Due 22.8M USD
Interest Expense 1.74M USD +15.7%