American Biltrite Balance Sheet Health
Financial Health criteria checks 2/6
American Biltrite has a total shareholder equity of $25.0M and total debt of $18.8M, which brings its debt-to-equity ratio to 75.4%. Its total assets and total liabilities are $117.7M and $92.7M respectively.
Key information
75.4%
Debt to equity ratio
US$18.84m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.52m |
| Equity | US$24.99m |
| Total liabilities | US$92.75m |
| Total assets | US$117.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABLT's short term assets ($69.2M) exceed its short term liabilities ($47.4M).
Long Term Liabilities: ABLT's short term assets ($69.2M) exceed its long term liabilities ($45.3M).
Debt to Equity History and Analysis
Debt Level: ABLT's net debt to equity ratio (69.3%) is considered high.
Reducing Debt: ABLT's debt to equity ratio has increased from 2.6% to 75.4% 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: Insufficient data to determine if ABLT has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ABLT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.