This company has been acquired
Atlas Technical Consultants Balance Sheet Health
Financial Health criteria checks 0/6
Atlas Technical Consultants has a total shareholder equity of $-126.4M and total debt of $504.3M, which brings its debt-to-equity ratio to -399.1%. Its total assets and total liabilities are $487.4M and $613.7M respectively. Atlas Technical Consultants's EBIT is $38.5M making its interest coverage ratio 0.8. It has cash and short-term investments of $5.8M.
Key information
-399.1%
Debt to equity ratio
US$504.27m
Debt
| Interest coverage ratio | 0.8x |
| Cash | US$5.80m |
| Equity | -US$126.36m |
| Total liabilities | US$613.72m |
| Total assets | US$487.36m |
Recent financial health updates
No updates
Recent updates
We Like These Underlying Return On Capital Trends At Atlas Technical Consultants (NASDAQ:ATCX)
Nov 18
Atlas Technical Consultants: An Intermediary To Benefit From Infrastructure Spending
Oct 10Atlas Technical Consultants secures $26M CE&I contract with Georgia DOT
Aug 16Atlas Technical Consultants (NASDAQ:ATCX) Shareholders Will Want The ROCE Trajectory To Continue
Aug 11Atlas Technical Consultants Non-GAAP EPS of $0.12 beats by $0.05, revenue of $156.5M beats by $8.43M
Aug 09Atlas Technical secures $6.5M program, project management contract
Jul 13Atlas Technical Consultants secures $18M contract by Caltrans
Jul 05A Look At The Intrinsic Value Of Atlas Technical Consultants, Inc. (NASDAQ:ATCX)
May 11Atlas Technical Consultants, Inc. (NASDAQ:ATCX) Analysts Are Pretty Bullish On The Stock After Recent Results
Mar 19Returns On Capital At Atlas Technical Consultants (NASDAQ:ATCX) Paint A Concerning Picture
Feb 19Atlas Technical: Insiders Maintain Market Is Wrong
Dec 15An Intrinsic Calculation For Atlas Technical Consultants, Inc. (NASDAQ:ATCX) Suggests It's 47% Undervalued
Dec 15Financial Position Analysis
Short Term Liabilities: ATCX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ATCX has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: ATCX has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ATCX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: ATCX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ATCX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/04/20 16:38 |
| End of Day Share Price | 2023/04/18 00:00 |
| Earnings | 2022/12/30 |
| Annual Earnings | 2022/12/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Atlas Technical Consultants, Inc. is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robert Labick | CJS Securities, Inc. |
| Brent Thielman | D.A. Davidson & Co. |
| Donald Crist | Johnson Rice & Company, L.L.C. |