Atlas Salt Balance Sheet Health
Financial Health criteria checks 6/6
Atlas Salt has a total shareholder equity of CA$21.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$22.4M and CA$597.9K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$12.19m |
| Equity | CA$21.78m |
| Total liabilities | CA$597.90k |
| Total assets | CA$22.37m |
Recent financial health updates
We're Not Very Worried About Atlas Salt's (CVE:SALT) Cash Burn Rate
May 02
We're Not Very Worried About Atlas Salt's (CVE:SALT) Cash Burn Rate
Jan 17We Think Atlas Salt (CVE:SALT) Can Afford To Drive Business Growth
Sep 25Atlas Salt (CVE:SALT) Is In A Good Position To Deliver On Growth Plans
Jun 12We're Hopeful That Atlas Salt (CVE:SALT) Will Use Its Cash Wisely
Jul 12We're Not Very Worried About Atlas Salt's (CVE:SALT) Cash Burn Rate
Mar 25Recent updates
We're Not Very Worried About Atlas Salt's (CVE:SALT) Cash Burn Rate
May 02We're Not Very Worried About Atlas Salt's (CVE:SALT) Cash Burn Rate
Jan 17We Think Atlas Salt (CVE:SALT) Can Afford To Drive Business Growth
Sep 25Atlas Salt (CVE:SALT) Is In A Good Position To Deliver On Growth Plans
Jun 12We're Hopeful That Atlas Salt (CVE:SALT) Will Use Its Cash Wisely
Jul 12We're Not Very Worried About Atlas Salt's (CVE:SALT) Cash Burn Rate
Mar 25We're Interested To See How Atlas Salt (CVE:RMK) Uses Its Cash Hoard To Grow
Sep 01Financial Position Analysis
Short Term Liabilities: SALT's short term assets (CA$12.4M) exceed its short term liabilities (CA$461.0K).
Long Term Liabilities: SALT's short term assets (CA$12.4M) exceed its long term liabilities (CA$136.9K).
Debt to Equity History and Analysis
Debt Level: SALT is debt free.
Reducing Debt: SALT has not had any debt for 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: SALT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SALT has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 60.3% each year.