American Battery Technology Balance Sheet Health
Financial Health criteria checks 5/6
American Battery Technology has a total shareholder equity of $66.6M and total debt of $16.3M, which brings its debt-to-equity ratio to 24.4%. Its total assets and total liabilities are $88.9M and $22.3M respectively.
Key information
24.4%
Debt to equity ratio
US$16.27m
Debt
| Interest coverage ratio | n/a |
| Cash | US$7.73m |
| Equity | US$66.57m |
| Total liabilities | US$22.30m |
| Total assets | US$88.87m |
Financial Position Analysis
Short Term Liabilities: ABAT's short term assets ($11.6M) do not cover its short term liabilities ($22.3M).
Long Term Liabilities: ABAT's short term assets ($11.6M) exceed its long term liabilities ($1.0).
Debt to Equity History and Analysis
Debt Level: ABAT's net debt to equity ratio (12.8%) is considered satisfactory.
Reducing Debt: ABAT had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: ABAT has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ABAT is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.