Athena Resources Balance Sheet Health
Financial Health criteria checks 6/6
Athena Resources has a total shareholder equity of A$13.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$13.2M and A$170.8K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$322.28k |
Equity | AU$13.05m |
Total liabilities | AU$170.75k |
Total assets | AU$13.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AHN's short term assets (A$496.0K) exceed its short term liabilities (A$170.8K).
Long Term Liabilities: AHN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AHN is debt free.
Reducing Debt: AHN has no debt compared to 5 years ago when its debt to equity ratio was 3.3%.
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: AHN has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AHN is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.