Atomic Minerals Balance Sheet Health
Financial Health criteria checks 4/6
Atomic Minerals has a total shareholder equity of CA$473.4K and total debt of CA$306.8K, which brings its debt-to-equity ratio to 64.8%. Its total assets and total liabilities are CA$1.2M and CA$702.5K respectively.
Key information
64.8%
Debt to equity ratio
CA$306.80k
Debt
Interest coverage ratio | n/a |
Cash | CA$155.88k |
Equity | CA$473.38k |
Total liabilities | CA$702.54k |
Total assets | CA$1.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATOM's short term assets (CA$188.9K) do not cover its short term liabilities (CA$624.5K).
Long Term Liabilities: ATOM's short term assets (CA$188.9K) exceed its long term liabilities (CA$78.0K).
Debt to Equity History and Analysis
Debt Level: ATOM's net debt to equity ratio (31.9%) is considered satisfactory.
Reducing Debt: ATOM's debt to equity ratio has increased from 0% to 64.8% 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 3 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 3 months based on free cash flow estimates, but has since raised additional capital.