Aston Bay Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Aston Bay Holdings has a total shareholder equity of CA$259.3K and total debt of CA$621.5K, which brings its debt-to-equity ratio to 239.7%. Its total assets and total liabilities are CA$1.2M and CA$924.5K respectively.
Key information
239.7%
Debt to equity ratio
CA$621.53k
Debt
Interest coverage ratio | n/a |
Cash | CA$837.14k |
Equity | CA$259.32k |
Total liabilities | CA$924.48k |
Total assets | CA$1.18m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATBH.F's short term assets (CA$1.1M) exceed its short term liabilities (CA$924.5K).
Long Term Liabilities: ATBH.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ATBH.F has more cash than its total debt.
Reducing Debt: ATBH.F's debt to equity ratio has increased from 0% to 239.7% 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: ATBH.F has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ATBH.F is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.