Athabasca Minerals Inc. ABCAF OTC

Athabasca Minerals Inc. (ABCAF) reported total assets of $31.53M and total liabilities of $7.98M for quarter ending 2023-09-30, resulting in total equity of $23.55M.

The company held $2.07M in cash and short-term investments. Total debt stood at $5.04M, with net debt of $2.97M. The Debt-to-Equity (D/E) ratio was 0.21 (conservative).

Current ratio is 0.52, which may signal tight short-term liquidity. Interest coverage is -5.9x (weak).

Criteria supported by this page:

• HEALTH (17/100, Fail) — the balance sheet shows elevated risk in debt or liquidity metrics
• MOAT (15/100) — Total assets $31.53M and equity $23.55M support the company's competitive scale
• VALUE (100/100) — Debt-to-Equity 0.21 contributes to the overall valuation risk assessment

Overall SharesGrow Score: 58/100 with 3/7 criteria passed.