Atlas Pearls Balance Sheet Health
Financial Health criteria checks 6/6
Atlas Pearls has a total shareholder equity of A$55.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$69.9M and A$14.3M respectively. Atlas Pearls's EBIT is A$22.1M making its interest coverage ratio -84.2. It has cash and short-term investments of A$17.6M.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | -84.2x |
Cash | AU$17.62m |
Equity | AU$55.52m |
Total liabilities | AU$14.34m |
Total assets | AU$69.85m |
Recent financial health updates
Atlas Pearls (ASX:ATP) Seems To Use Debt Quite Sensibly
Apr 06We Think Atlas Pearls (ASX:ATP) Can Stay On Top Of Its Debt
Nov 02Does Atlas Pearls (ASX:ATP) Have A Healthy Balance Sheet?
Jun 13Is Atlas Pearls (ASX:ATP) Using Debt In A Risky Way?
Feb 28Recent updates
Why Investors Shouldn't Be Surprised By Atlas Pearls Limited's (ASX:ATP) 48% Share Price Surge
Sep 05Is Now The Time To Put Atlas Pearls (ASX:ATP) On Your Watchlist?
Jun 21Atlas Pearls (ASX:ATP) Is Very Good At Capital Allocation
May 03Investors Interested In Atlas Pearls Limited's (ASX:ATP) Revenues
Apr 09Here's Why We Think Atlas Pearls (ASX:ATP) Might Deserve Your Attention Today
Jan 24Why The 26% Return On Capital At Atlas Pearls (ASX:ATP) Should Have Your Attention
Dec 01Does Atlas Pearls (ASX:ATP) Deserve A Spot On Your Watchlist?
Oct 25Investors Shouldn't Overlook Atlas Pearls' (ASX:ATP) Impressive Returns On Capital
Sep 01Returns On Capital Are Showing Encouraging Signs At Atlas Pearls (ASX:ATP)
Jun 02Atlas Pearls (ASX:ATP) Is Looking To Continue Growing Its Returns On Capital
Dec 09Returns On Capital Are Showing Encouraging Signs At Atlas Pearls (ASX:ATP)
Sep 08Shareholders Would Enjoy A Repeat Of Atlas Pearls' (ASX:ATP) Recent Growth In Returns
Jun 01Atlas Pearls (ASX:ATP) Seems To Use Debt Quite Sensibly
Apr 06Shareholders Would Enjoy A Repeat Of Atlas Pearls' (ASX:ATP) Recent Growth In Returns
Feb 27We Think Atlas Pearls (ASX:ATP) Can Stay On Top Of Its Debt
Nov 02Why Atlas Pearls' (ASX:ATP) Earnings Are Weaker Than They Seem
Sep 07Does Atlas Pearls (ASX:ATP) Have A Healthy Balance Sheet?
Jun 13Is Atlas Pearls (ASX:ATP) Using Debt In A Risky Way?
Feb 28Financial Position Analysis
Short Term Liabilities: ATP's short term assets (A$40.1M) exceed its short term liabilities (A$7.7M).
Long Term Liabilities: ATP's short term assets (A$40.1M) exceed its long term liabilities (A$6.6M).
Debt to Equity History and Analysis
Debt Level: ATP is debt free.
Reducing Debt: ATP has no debt compared to 5 years ago when its debt to equity ratio was 16.5%.
Debt Coverage: ATP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ATP has no debt, therefore coverage of interest payments is not a concern.