Asian Television Network International Balance Sheet Health
Financial Health criteria checks 1/6
Asian Television Network International has a total shareholder equity of CA$26.7K and total debt of CA$866.2K, which brings its debt-to-equity ratio to 3240.4%. Its total assets and total liabilities are CA$6.8M and CA$6.8M respectively.
Key information
3,240.4%
Debt to equity ratio
CA$866.23k
Debt
Interest coverage ratio | n/a |
Cash | CA$127.53k |
Equity | CA$26.73k |
Total liabilities | CA$6.76m |
Total assets | CA$6.79m |
Financial Position Analysis
Short Term Liabilities: SAT's short term assets (CA$3.1M) do not cover its short term liabilities (CA$5.3M).
Long Term Liabilities: SAT's short term assets (CA$3.1M) exceed its long term liabilities (CA$1.5M).
Debt to Equity History and Analysis
Debt Level: SAT's net debt to equity ratio (2763.4%) is considered high.
Reducing Debt: SAT's debt to equity ratio has increased from 4.1% to 3240.4% over the past 5 years.
Debt Coverage: SAT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SAT's interest payments on its debt are well covered by EBIT.