Atlantic Sapphire Balance Sheet Health
Financial Health criteria checks 4/6
Atlantic Sapphire has a total shareholder equity of $264.7M and total debt of $47.8M, which brings its debt-to-equity ratio to 18.1%. Its total assets and total liabilities are $328.4M and $63.7M respectively.
Key information
18.1%
Debt to equity ratio
US$47.80m
Debt
| Interest coverage ratio | n/a |
| Cash | US$9.97m |
| Equity | US$264.73m |
| Total liabilities | US$63.72m |
| Total assets | US$328.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AASZ.F's short term assets ($34.3M) exceed its short term liabilities ($24.3M).
Long Term Liabilities: AASZ.F's short term assets ($34.3M) do not cover its long term liabilities ($39.4M).
Debt to Equity History and Analysis
Debt Level: AASZ.F's net debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: AASZ.F's debt to equity ratio has increased from 12.6% to 18.1% 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 1 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 2 months based on free cash flow estimates, but has since raised additional capital.