Athabasca Minerals Balance Sheet Health
Financial Health criteria checks 3/6
Athabasca Minerals has a total shareholder equity of CA$23.5M and total debt of CA$4.7M, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are CA$31.5M and CA$8.0M respectively.
Key information
20.0%
Debt to equity ratio
CA$4.70m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.07m |
| Equity | CA$23.55m |
| Total liabilities | CA$7.98m |
| Total assets | CA$31.53m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: AMI's short term assets (CA$3.6M) do not cover its short term liabilities (CA$7.0M).
Long Term Liabilities: AMI's short term assets (CA$3.6M) exceed its long term liabilities (CA$1.0M).
Debt to Equity History and Analysis
Debt Level: AMI's net debt to equity ratio (11.2%) is considered satisfactory.
Reducing Debt: AMI's debt to equity ratio has increased from 0% to 20% 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: AMI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AMI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 33.5% each year