Adamant Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Adamant Holdings has a total shareholder equity of $511.9K and total debt of $372.1K, which brings its debt-to-equity ratio to 72.7%. Its total assets and total liabilities are $1.1M and $567.5K respectively.
Key information
72.7%
Debt to equity ratio
US$372.08k
Debt
Interest coverage ratio | n/a |
Cash | US$677.40k |
Equity | US$511.90k |
Total liabilities | US$567.45k |
Total assets | US$1.08m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: U060's short term assets ($1.1M) exceed its short term liabilities ($177.8K).
Long Term Liabilities: U060's short term assets ($1.1M) exceed its long term liabilities ($389.7K).
Debt to Equity History and Analysis
Debt Level: U060 has more cash than its total debt.
Reducing Debt: U060 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: Insufficient data to determine if U060 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if U060 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.