Athena Resources (ASX:AHN) Quality Rank


What is Athena Resources Quality Rank?

The Quality Rank measures the business quality of a company relative to other companies. It is ranked based on the strength of the balance sheet, as well as the profitability and growth of the business. The ranked companies are split in equal numbers and then ranked from 1 to 10, with 10 being the highest.

The rank of balance sheet (30%)

The rank of balance sheet is done through the ranking of:
  • Interest coverage
  • Zscore
  • Debt to revenue
  • Equity to asset
  • Cash to debt

The rank of Profitability (70%)

The ranking of Profitability is done by ranking:
  • Operating margin mean rank (10-year mean average profit margine)
  • Operating margin growth rank
  • Fscore
  • Predictability rank
  • Revenue growth rank (5 year), when the growth is higher than 25%, set it as 25%
  • Num of year profit (number of years that is profitable within the last 10 years)
  • ROIC median (10-year median of ROIC)

Athena Resources Quality Rank Related Terms

Athena Resources Business Description

Address 1 Spring Street, Level 33, Mia Yellagonga Tower 3, Perth, WA, AUS, 6000
Athena Resources Ltd is a Western Australian mineral exploration company focused on acquiring and developing projects for mining operations. The Company's flagship is the Byro Magnetite Project located in Western Australia. The Byro Iron Ore Project is near proposed infrastructure that supports resource development and aims to produce high-grade magnetite concentrate for industrial applications. Its activities focus predominantly in the Midwest region of Western Australia. The company operated principally in one business segment, being mineral exploration within Australia.