Atrum Coal Balance Sheet Health
Financial Health criteria checks 6/6
Atrum Coal has a total shareholder equity of A$3.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$8.0M and A$4.1M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$3.68m |
Equity | AU$3.88m |
Total liabilities | AU$4.08m |
Total assets | AU$7.97m |
Financial Position Analysis
Short Term Liabilities: ATU's short term assets (A$3.8M) exceed its short term liabilities (A$686.6K).
Long Term Liabilities: ATU's short term assets (A$3.8M) exceed its long term liabilities (A$3.4M).
Debt to Equity History and Analysis
Debt Level: ATU is debt free.
Reducing Debt: ATU has no debt compared to 5 years ago when its debt to equity ratio was 32%.
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: ATU has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ATU has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 4.1% each year.