Atomo Diagnostics Balance Sheet Health
Financial Health criteria checks 5/6
Atomo Diagnostics has a total shareholder equity of A$13.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$14.9M and A$1.2M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$6.51m |
Equity | AU$13.70m |
Total liabilities | AU$1.23m |
Total assets | AU$14.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AT1's short term assets (A$9.6M) exceed its short term liabilities (A$1.1M).
Long Term Liabilities: AT1's short term assets (A$9.6M) exceed its long term liabilities (A$119.7K).
Debt to Equity History and Analysis
Debt Level: AT1 is debt free.
Reducing Debt: AT1 currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: AT1 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AT1 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 1% each year