AnteoTech Balance Sheet Health

Financial Health criteria checks 5/6

AnteoTech has a total shareholder equity of A$5.3M and total debt of A$23.6K, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are A$9.4M and A$4.1M respectively.

Key information

0.4%

Debt to equity ratio

AU$23.59k

Debt

Interest coverage ratio	n/a
Cash	AU$5.03m
Equity	AU$5.31m
Total liabilities	AU$4.08m
Total assets	AU$9.38m

Recent financial health updates

Recent updates

We're Keeping An Eye On AnteoTech's (ASX:ADO) Cash Burn Rate

Mar 01

Will AnteoTech (ASX:ADO) Spend Its Cash Wisely?

May 05

Is AnteoTech (ASX:ADO) In A Good Position To Invest In Growth?

Dec 14

Companies Like AnteoTech (ASX:ADO) Are In A Position To Invest In Growth

Aug 12

Companies Like AnteoTech (ASX:ADO) Are In A Position To Invest In Growth

Apr 19

We Think AnteoTech (ASX:ADO) Can Easily Afford To Drive Business Growth

Oct 09

We Think AnteoTech (ASX:ADO) Can Easily Afford To Drive Business Growth

Apr 28

We're Not Very Worried About AnteoTech's (ASX:ADO) Cash Burn Rate

Jan 07

Financial Position Analysis

Short Term Liabilities: ADO's short term assets (A$5.5M) exceed its short term liabilities (A$1.8M).

Long Term Liabilities: ADO's short term assets (A$5.5M) exceed its long term liabilities (A$2.3M).

Debt to Equity History and Analysis

Debt Level: ADO has more cash than its total debt.

Reducing Debt: ADO's debt to equity ratio has increased from 0% to 0.4% 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: ADO has sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: ADO is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.

AnteoTech Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

We're Keeping An Eye On AnteoTech's (ASX:ADO) Cash Burn Rate

Will AnteoTech (ASX:ADO) Spend Its Cash Wisely?

Is AnteoTech (ASX:ADO) In A Good Position To Invest In Growth?

Companies Like AnteoTech (ASX:ADO) Are In A Position To Invest In Growth

AnteoTech Limited SHS to Be Deleted from OTC Equity

Companies Like AnteoTech (ASX:ADO) Are In A Position To Invest In Growth

Recent updates

AnteoTech Limited has completed a Follow-on Equity Offering in the amount of AUD 3.5 million.

AnteoTech Limited has filed a Follow-on Equity Offering in the amount of AUD 3.5 million.

AnteoTech Limited, Annual General Meeting, Nov 26, 2024

New major risk - Financial position

Full year 2024 earnings released: AU$0.004 loss per share (vs AU$0.006 loss in FY 2023)

AnteoTech Limited to Report Fiscal Year 2024 Results on Aug 28, 2024

New minor risk - Share price stability

AnteoTech Limited, Annual General Meeting, May 28, 2024

AnteoTech Limited has completed a Follow-on Equity Offering in the amount of AUD 5.4 million.

AnteoTech Limited has filed a Follow-on Equity Offering in the amount of AUD 2.5 million.

We're Keeping An Eye On AnteoTech's (ASX:ADO) Cash Burn Rate

AnteoTech Limited to Report First Half, 2024 Results on Feb 28, 2024

AnteoTech Limited, Annual General Meeting, Nov 14, 2023

AnteoTech Limited, Annual General Meeting, Nov 14, 2023

Full year 2023 earnings released: AU$0.006 loss per share (vs AU$0.005 loss in FY 2022)

New minor risk - Financial data availability

Anteotech Limited Announces Appointment of Mr. Andrew Cook as Chief Financial Officer

AnteoTech Limited to Report Fiscal Year 2023 Results on Aug 30, 2023

New major risk - Share price stability

AnteoTech Limited Announces Retirement of Christopher Parker from the Board of Directors

Will AnteoTech (ASX:ADO) Spend Its Cash Wisely?

Board Member exercised options to buy AU$70k worth of stock.

First half 2023 earnings released: AU$0.002 loss per share (vs AU$0.002 loss in 1H 2022)

AnteoTech Limited Appoints Tsui Min Lian as Chief Marketing Officer, Effective 15 March 2023

Non-Executive Director recently sold AU$61k worth of stock

Is AnteoTech (ASX:ADO) In A Good Position To Invest In Growth?

High number of new and inexperienced directors

AnteoTech Ltd Announces Halt of European Rat Clinical Trial to Refocus Initiatives

AnteoTech Limited Appoint Executives

Full year 2022 earnings released: AU$0.005 loss per share (vs AU$0.003 loss in FY 2021)

AnteoTech Limited, Annual General Meeting, Nov 17, 2022

Companies Like AnteoTech (ASX:ADO) Are In A Position To Invest In Growth

AnteoTech Limited Appoints David Radford as Managing Director, Effective from 4 October 2022

AnteoTech Limited SHS to Be Deleted from OTC Equity

Non-Executive Director recently sold AU$106k worth of stock

AnteoTech Ltd Announces Updated COVID-19 RAT Receives Regulatory Approval in Europe

Non-Executive Director recently sold AU$220k worth of stock

High number of new and inexperienced directors

AnteoTech Limited Announces Executive Changes

Companies Like AnteoTech (ASX:ADO) Are In A Position To Invest In Growth

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

AnteoTech Limited Provides Update on Its Therapeutic Goods Administration Submission

AnteoTech Limited Provides Update on Its Therapeutic Goods Administration Submission

Non-Executive Director recently sold AU$108k worth of stock

Company Secretary Duncan Cornish has left the company

High number of new and inexperienced directors

We Think AnteoTech (ASX:ADO) Can Easily Afford To Drive Business Growth

High number of new and inexperienced directors

Independent Non-Executive Director recently bought AU$59k worth of stock

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Full year 2021 earnings released: AU$0.003 loss per share (vs AU$0.002 loss in FY 2020)

Chief Financial Officer Gail Jukes has left the company

Non-Executive Director recently sold AU$112k worth of stock

AnteoTech Limited has completed a Follow-on Equity Offering in the amount of AUD 12.000001 million.

AnteoTech Limited announced that it expects to receive AUD 12.000001 million in funding

We Think AnteoTech (ASX:ADO) Can Easily Afford To Drive Business Growth

Independent Non-Executive Director has left the company

First half 2021 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in 1H 2020)

New 90-day high: AU$0.21

AnteoTech Customer Ellume Secures Us Contract

We're Not Very Worried About AnteoTech's (ASX:ADO) Cash Burn Rate

AnteoTech Progresses COVID-19 Test Toward Market Launch

AnteoTech Ltd Freeze Design of COVID-19 Antigen Rapid Test After Showing Saliva Proxy Sample Use Case Effectiveness

Independent Non-Executive Director exercised options to buy AU$208k worth of stock.

Full year earnings released - AU$0.002 loss per share