American Resources Corporation (AREC)

American Resources Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Cash & Equivalents	37.33	13	12.59	11.2	0.27
Cash & Cash Equivalents	37.33	13	12.59	11.2	0.27
Cash Growth	187.26%	3.24%	12.38%	4066.94%	-90.06%
Receivables	0	0.76	3.53	4.39	2.66
Inventory	0.05	0.45	0	0.15	0.52
Other Current Assets	-32.8	-1.43	-0.82	-4.53	-0.27
Total Current Assets	4.59	12.77	15.3	11.22	3.18
Property, Plant & Equipment	33.61	22.15	23.63	22.5	14.83
Long-Term Investments	18.88	18.78	2.5	0	4.12
Other Long-Term Assets	34.66	2.22	1.45	4.7	13.11
Total Long-Term Assets	87.16	43.15	27.57	27.2	32.05
Total Assets	91.75	55.92	42.87	38.42	35.23
Accounts Payable	11.69	11.74	9.2	8.89	11.9
Current Debt	5.67	15.59	6.01	11	27.91
Other Current Liabilities	0.71	0.11	1.33	1.04	5.2
Total Current Liabilities	18.07	27.43	16.54	20.93	45.01
Long-Term Debt	52.16	7.9	9.72	19.63	5.42
Other Long-Term Liabilities	21.29	20.3	18.88	17.86	17.51
Total Long-Term Liabilities	73.45	28.2	28.59	37.49	22.93
Total Liabilities	91.52	55.63	45.13	58.42	67.93
Total Debt	57.83	23.49	15.72	30.63	33.33
Debt Growth	146.16%	49.41%	-48.66%	-8.10%	50.89%
Retained Earnings	-178.69	-167.24	-165.79	-133.29	-123.03
Shareholders' Equity	0.22	0.28	-2.35	-20.01	-32.7
Net Cash / Debt	-20.5	-10.5	-3.14	-19.43	-33.06
Net Cash Per Share	-0.27	-0.16	-0.06	-0.66	-1.37
Working Capital	-13.48	-14.67	-1.24	-9.72	-41.83
Book Value Per Share	0.00	0.00	-0.04	-0.68	-1.36

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).