Athena Resources Balance Sheet Health
Financial Health criteria checks 3/6
Athena Resources has a total shareholder equity of A$12.7M and total debt of A$320.0K, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are A$13.2M and A$461.0K respectively.
Key information
2.5%
Debt to equity ratio
AU$320.00k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$18.94k |
| Equity | AU$12.73m |
| Total liabilities | AU$460.96k |
| Total assets | AU$13.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AHN's short term assets (A$138.4K) do not cover its short term liabilities (A$461.0K).
Long Term Liabilities: AHN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AHN's net debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: AHN's debt to equity ratio has reduced from 4.8% to 2.5% 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: AHN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AHN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 20.6% each year