Atlas Lithium Balance Sheet Health
Financial Health criteria checks 3/6
Atlas Lithium has a total shareholder equity of $2.6M and total debt of $10.0M, which brings its debt-to-equity ratio to 383%. Its total assets and total liabilities are $37.7M and $35.1M respectively.
Key information
383.0%
Debt to equity ratio
US$9.96m
Debt
Interest coverage ratio | n/a |
Cash | US$17.53m |
Equity | US$2.60m |
Total liabilities | US$35.10m |
Total assets | US$37.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: C480's short term assets ($17.7M) exceed its short term liabilities ($6.4M).
Long Term Liabilities: C480's short term assets ($17.7M) do not cover its long term liabilities ($28.7M).
Debt to Equity History and Analysis
Debt Level: C480 has more cash than its total debt.
Reducing Debt: C480 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: C480 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if C480 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.