Atomic Minerals Balance Sheet Health
Financial Health criteria checks 3/6
Atomic Minerals has a total shareholder equity of CA$823.5K and total debt of CA$176.3K, which brings its debt-to-equity ratio to 21.4%. Its total assets and total liabilities are CA$1.3M and CA$516.2K respectively.
Key information
21.4%
Debt to equity ratio
CA$176.34k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$27.46k |
| Equity | CA$823.53k |
| Total liabilities | CA$516.21k |
| Total assets | CA$1.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATOM's short term assets (CA$62.1K) do not cover its short term liabilities (CA$438.2K).
Long Term Liabilities: ATOM's short term assets (CA$62.1K) do not cover its long term liabilities (CA$78.0K).
Debt to Equity History and Analysis
Debt Level: ATOM's net debt to equity ratio (18.1%) is considered satisfactory.
Reducing Debt: ATOM's debt to equity ratio has increased from 0% to 21.4% 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: ATOM has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ATOM is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.