Atlas Global Brands Balance Sheet Health
Financial Health criteria checks 0/6
Atlas Global Brands has a total shareholder equity of CA$32.0M and total debt of CA$24.7M, which brings its debt-to-equity ratio to 77%. Its total assets and total liabilities are CA$83.2M and CA$51.2M respectively.
Key information
77.0%
Debt to equity ratio
CA$24.68m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.50m |
| Equity | CA$32.04m |
| Total liabilities | CA$51.20m |
| Total assets | CA$83.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATL's short term assets (CA$24.7M) do not cover its short term liabilities (CA$24.9M).
Long Term Liabilities: ATL's short term assets (CA$24.7M) do not cover its long term liabilities (CA$26.3M).
Debt to Equity History and Analysis
Debt Level: ATL's net debt to equity ratio (69.2%) is considered high.
Reducing Debt: Insufficient data to determine if ATL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ATL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ATL's interest payments on its debt are well covered by EBIT.