Athena Gold Balance Sheet Health
Financial Health criteria checks 3/6
Athena Gold has a total shareholder equity of $5.9M and total debt of $100.4K, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are $6.7M and $779.8K respectively.
Key information
1.7%
Debt to equity ratio
US$100.38k
Debt
| Interest coverage ratio | n/a |
| Cash | US$453.93k |
| Equity | US$5.94m |
| Total liabilities | US$779.81k |
| Total assets | US$6.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AHNR's short term assets ($479.9K) do not cover its short term liabilities ($566.6K).
Long Term Liabilities: AHNR's short term assets ($479.9K) exceed its long term liabilities ($213.2K).
Debt to Equity History and Analysis
Debt Level: AHNR has more cash than its total debt.
Reducing Debt: AHNR had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: AHNR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if AHNR's interest payments on its debt are well covered by EBIT.