Atlas Resources Balance Sheet Health
Financial Health criteria checks 4/6
Atlas Resources has a total shareholder equity of $71.1M and total debt of $96.7M, which brings its debt-to-equity ratio to 136.1%. Its total assets and total liabilities are $527.8M and $456.7M respectively. Atlas Resources's EBIT is $7.8M making its interest coverage ratio 1.9. It has cash and short-term investments of $15.3M.
Key information
136.1%
Debt to equity ratio
US$96.71m
Debt
Interest coverage ratio | 1.9x |
Cash | US$15.33m |
Equity | US$71.05m |
Total liabilities | US$456.70m |
Total assets | US$527.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARII's short term assets ($212.5M) do not cover its short term liabilities ($304.8M).
Long Term Liabilities: ARII's short term assets ($212.5M) exceed its long term liabilities ($151.9M).
Debt to Equity History and Analysis
Debt Level: ARII's net debt to equity ratio (114.5%) is considered high.
Reducing Debt: ARII's debt to equity ratio has reduced from 1077% to 136.1% over the 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: Whilst unprofitable ARII has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ARII is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 15.5% per year.