Athena Bitcoin Global Balance Sheet Health
Financial Health criteria checks 3/6
Athena Bitcoin Global has a total shareholder equity of $20.7M and total debt of $9.6M, which brings its debt-to-equity ratio to 46.7%. Its total assets and total liabilities are $62.7M and $42.0M respectively. Athena Bitcoin Global's EBIT is $32.1M making its interest coverage ratio 57.1. It has cash and short-term investments of $20.7M.
Key information
46.7%
Debt to equity ratio
US$9.65m
Debt
| Interest coverage ratio | 57.1x |
| Cash | US$20.70m |
| Equity | US$20.65m |
| Total liabilities | US$42.00m |
| Total assets | US$62.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABIT's short term assets ($24.2M) do not cover its short term liabilities ($27.8M).
Long Term Liabilities: ABIT's short term assets ($24.2M) exceed its long term liabilities ($14.2M).
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 (57.1x coverage).