Abits Group Balance Sheet Health
Financial Health criteria checks 4/6
Abits Group has a total shareholder equity of $20.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $21.0M and $541.4K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$1.54m |
Equity | US$20.46m |
Total liabilities | US$541.36k |
Total assets | US$21.00m |
Recent financial health updates
We're Keeping An Eye On Abits Group's (NASDAQ:ABTS) Cash Burn Rate
Mar 07Is Moxian (BVI) (NASDAQ:MOXC) In A Good Position To Invest In Growth?
Nov 12Recent updates
We're Keeping An Eye On Abits Group's (NASDAQ:ABTS) Cash Burn Rate
Mar 07Is Moxian (BVI) (NASDAQ:MOXC) In A Good Position To Invest In Growth?
Nov 12Moxian to divest Chinese unit amid uncertainty over govt tightening control over gaming
Aug 15This Is Why We Think Moxian, Inc.'s (NASDAQ:MOXC) CEO Might Get A Pay Rise Approved By Shareholders
Jun 18Financial Position Analysis
Short Term Liabilities: ABTS's short term assets ($5.0M) exceed its short term liabilities ($541.4K).
Long Term Liabilities: ABTS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ABTS is debt free.
Reducing Debt: ABTS currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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 ABTS has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ABTS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.