Abound Energy Balance Sheet Health

Financial Health criteria checks 0/6

Abound Energy has a total shareholder equity of CA$-1.2M and total debt of CA$56.0K, which brings its debt-to-equity ratio to -4.7%. Its total assets and total liabilities are CA$1.4M and CA$2.6M respectively.

Key information

-4.7%

Debt to equity ratio

CA$55.98k

Debt

Interest coverage ration/a
CashCA$41.87k
Equity-CA$1.18m
Total liabilitiesCA$2.61m
Total assetsCA$1.43m

Recent financial health updates

Recent updates

Zinc8 Energy Solutions (CSE:ZAIR) Will Have To Spend Its Cash Wisely

Nov 24
Zinc8 Energy Solutions (CSE:ZAIR) Will Have To Spend Its Cash Wisely

Is Zinc8 Energy Solutions (CSE:ZAIR) In A Good Position To Deliver On Growth Plans?

Aug 06
Is Zinc8 Energy Solutions (CSE:ZAIR) In A Good Position To Deliver On Growth Plans?

Will Zinc8 Energy Solutions (CSE:ZAIR) Spend Its Cash Wisely?

Apr 08
Will Zinc8 Energy Solutions (CSE:ZAIR) Spend Its Cash Wisely?

Is Zinc8 Energy Solutions (CSE:ZAIR) In A Good Position To Invest In Growth?

Dec 24
Is Zinc8 Energy Solutions (CSE:ZAIR) In A Good Position To Invest In Growth?

We Think Zinc8 Energy Solutions (CSE:ZAIR) Can Afford To Drive Business Growth

Sep 06
We Think Zinc8 Energy Solutions (CSE:ZAIR) Can Afford To Drive Business Growth

Did Business Growth Power Zinc8 Energy Solutions' (CSE:ZAIR) Share Price Gain of 188%?

Jan 21
Did Business Growth Power Zinc8 Energy Solutions' (CSE:ZAIR) Share Price Gain of 188%?

Financial Position Analysis

Short Term Liabilities: ABND has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: ABND has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: ABND has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: ABND's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: ABND has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ABND has less than a year of cash runway if free cash flow continues to reduce at historical rates of 10.9% each year


Discover healthy companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 20:38
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Abound Energy Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution