Athena Bitcoin Global Balance Sheet Health
Financial Health criteria checks 3/6
Athena Bitcoin Global has a total shareholder equity of $10.9M and total debt of $8.1M, which brings its debt-to-equity ratio to 74.7%. Its total assets and total liabilities are $48.5M and $37.6M respectively. Athena Bitcoin Global's EBIT is $20.3M making its interest coverage ratio 48.1. It has cash and short-term investments of $17.5M.
Key information
74.7%
Debt to equity ratio
US$8.14m
Debt
| Interest coverage ratio | 48.1x |
| Cash | US$17.49m |
| Equity | US$10.89m |
| Total liabilities | US$37.61m |
| Total assets | US$48.50m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: ABIT's short term assets ($19.6M) do not cover its short term liabilities ($20.6M).
Long Term Liabilities: ABIT's short term assets ($19.6M) exceed its long term liabilities ($17.0M).
Debt to Equity History and Analysis
Debt Level: ABIT has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ABIT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ABIT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ABIT's interest payments on its debt are well covered by EBIT (48.1x coverage).