Atlantic Sapphire Balance Sheet Health
Financial Health criteria checks 5/6
Atlantic Sapphire has a total shareholder equity of $283.1M and total debt of $42.6M, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are $342.3M and $59.1M respectively.
Key information
15.0%
Debt to equity ratio
US$42.60m
Debt
Interest coverage ratio | n/a |
Cash | US$22.54m |
Equity | US$283.14m |
Total liabilities | US$59.12m |
Total assets | US$342.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AASZ.F's short term assets ($47.7M) exceed its short term liabilities ($19.8M).
Long Term Liabilities: AASZ.F's short term assets ($47.7M) exceed its long term liabilities ($39.3M).
Debt to Equity History and Analysis
Debt Level: AASZ.F's net debt to equity ratio (7.1%) is considered satisfactory.
Reducing Debt: AASZ.F's debt to equity ratio has increased from 0.8% to 15% 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: AASZ.F has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AASZ.F is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.