Alkane Resources Balance Sheet Health
Financial Health criteria checks 5/6
Alkane Resources has a total shareholder equity of A$309.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$464.7M and A$155.3M respectively. Alkane Resources's EBIT is A$23.6M making its interest coverage ratio -23.4. It has cash and short-term investments of A$45.5M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | -23.4x |
| Cash | AU$45.52m |
| Equity | AU$309.37m |
| Total liabilities | AU$155.32m |
| Total assets | AU$464.70m |
Recent financial health updates
These 4 Measures Indicate That Alkane Resources (ASX:ALK) Is Using Debt Reasonably Well
Mar 25
Here's Why Alkane Resources (ASX:ALK) Can Manage Its Debt Responsibly
Nov 23
Recent updates
Alkane Resources Ltd's (ASX:ALK) Shares Leap 26% Yet They're Still Not Telling The Full Story
Oct 17Alkane Resources Limited (ASX:ALK) Doing What It Can To Lift Shares
May 02We Think Some Shareholders May Hesitate To Increase Alkane Resources Limited's (ASX:ALK) CEO Compensation
Nov 14Increases to CEO Compensation Might Be Put On Hold For Now at Alkane Resources Limited (ASX:ALK)
Nov 21We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Alkane Resources Limited's (ASX:ALK) CEO For Now
Nov 10These 4 Measures Indicate That Alkane Resources (ASX:ALK) Is Using Debt Reasonably Well
Mar 25How Many Alkane Resources Limited (ASX:ALK) Shares Have Insiders Sold, In The Last Year?
Mar 07Does Alkane Resources' (ASX:ALK) Statutory Profit Adequately Reflect Its Underlying Profit?
Feb 18What Can We Conclude About Alkane Resources' (ASX:ALK) CEO Pay?
Feb 02Shareholders of Alkane Resources (ASX:ALK) Must Be Delighted With Their 370% Total Return
Jan 18What Kind Of Investors Own Most Of Alkane Resources Limited (ASX:ALK)?
Jan 03Alkane Resources Limited's (ASX:ALK) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Dec 19How Many Alkane Resources Limited (ASX:ALK) Shares Have Insiders Sold, In The Last Year?
Dec 06Here's Why Alkane Resources (ASX:ALK) Can Manage Its Debt Responsibly
Nov 23Subdued Growth No Barrier To Alkane Resources Limited's (ASX:ALK) Price
Jul 06Financial Position Analysis
Short Term Liabilities: ALK's short term assets (A$72.0M) exceed its short term liabilities (A$52.4M).
Long Term Liabilities: ALK's short term assets (A$72.0M) do not cover its long term liabilities (A$103.0M).
Debt to Equity History and Analysis
Debt Level: ALK is debt free.
Reducing Debt: ALK had no debt 5 years ago.
Debt Coverage: ALK has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ALK has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 00:15 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Alkane Resources Ltd is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Harrowell | APP Securities Pty Ltd. |
| Bradley Watson | Bell Potter |
| Lord Ashbourne | Edison Investment Research |