Atlas Pearls Balance Sheet Health
Financial Health criteria checks 6/6
Atlas Pearls has a total shareholder equity of A$51.8M and total debt of A$314.7K, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are A$63.0M and A$11.2M respectively. Atlas Pearls's EBIT is A$21.8M making its interest coverage ratio 1653.7. It has cash and short-term investments of A$20.8M.
Key information
0.6%
Debt to equity ratio
AU$314.68k
Debt
| Interest coverage ratio | 1653.7x |
| Cash | AU$20.83m |
| Equity | AU$51.79m |
| Total liabilities | AU$11.16m |
| Total assets | AU$62.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APCF.F's short term assets (A$36.5M) exceed its short term liabilities (A$6.0M).
Long Term Liabilities: APCF.F's short term assets (A$36.5M) exceed its long term liabilities (A$5.2M).
Debt to Equity History and Analysis
Debt Level: APCF.F has more cash than its total debt.
Reducing Debt: APCF.F's debt to equity ratio has reduced from 25% to 0.6% over the past 5 years.
Debt Coverage: APCF.F's debt is well covered by operating cash flow (6639.8%).
Interest Coverage: APCF.F's interest payments on its debt are well covered by EBIT (1653.7x coverage).