Asian Television Network International Balance Sheet Health
Financial Health criteria checks 1/6
Asian Television Network International has a total shareholder equity of CA$1.4M and total debt of CA$2.0M, which brings its debt-to-equity ratio to 148.9%. Its total assets and total liabilities are CA$6.2M and CA$4.9M respectively.
Key information
148.9%
Debt to equity ratio
CA$2.01m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$516.94k |
| Equity | CA$1.35m |
| Total liabilities | CA$4.87m |
| Total assets | CA$6.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AITV.F's short term assets (CA$2.4M) do not cover its short term liabilities (CA$3.0M).
Long Term Liabilities: AITV.F's short term assets (CA$2.4M) exceed its long term liabilities (CA$1.9M).
Debt to Equity History and Analysis
Debt Level: AITV.F's net debt to equity ratio (110.7%) is considered high.
Reducing Debt: AITV.F's debt to equity ratio has increased from 1.8% to 148.9% over the past 5 years.
Debt Coverage: AITV.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if AITV.F's interest payments on its debt are well covered by EBIT.