Amerigo Resources Balance Sheet Health
Financial Health criteria checks 3/6
Amerigo Resources has a total shareholder equity of $104.9M and total debt of $20.7M, which brings its debt-to-equity ratio to 19.8%. Its total assets and total liabilities are $199.6M and $94.7M respectively. Amerigo Resources's EBIT is $6.8M making its interest coverage ratio 2.3. It has cash and short-term investments of $17.1M.
Key information
19.8%
Debt to equity ratio
US$20.71m
Debt
| Interest coverage ratio | 2.3x |
| Cash | US$17.15m |
| Equity | US$104.85m |
| Total liabilities | US$94.71m |
| Total assets | US$199.56m |
Recent financial health updates
Amerigo Resources (TSE:ARG) Seems To Use Debt Quite Sensibly
Jan 10
We Think Amerigo Resources (TSE:ARG) Can Manage Its Debt With Ease
Jul 03Does Amerigo Resources (TSE:ARG) Have A Healthy Balance Sheet?
Sep 16Amerigo Resources (TSE:ARG) Seems To Use Debt Quite Sensibly
Apr 28Is Amerigo Resources (TSE:ARG) Using Too Much Debt?
Jan 15Recent updates
Amerigo Resources Ltd.'s (TSE:ARG) P/E Is Still On The Mark Following 28% Share Price Bounce
Apr 10Amerigo Resources (TSE:ARG) Will Be Hoping To Turn Its Returns On Capital Around
Mar 16Amerigo Resources (TSE:ARG) Has Affirmed Its Dividend Of $0.03
May 07Amerigo Resources (TSE:ARG) Seems To Use Debt Quite Sensibly
Jan 10Amerigo Resources' (TSE:ARG) Dividend Will Be $0.03
Nov 08Why The 27% Return On Capital At Amerigo Resources (TSE:ARG) Should Have Your Attention
Oct 04We Think Amerigo Resources (TSE:ARG) Can Manage Its Debt With Ease
Jul 03With EPS Growth And More, Amerigo Resources (TSE:ARG) Makes An Interesting Case
Jun 15Should You Be Adding Amerigo Resources (TSE:ARG) To Your Watchlist Today?
Mar 02Does Amerigo Resources (TSE:ARG) Have A Healthy Balance Sheet?
Sep 16Amerigo Resources' (TSE:ARG) Robust Earnings Are Supported By Other Strong Factors
May 12Amerigo Resources (TSE:ARG) Seems To Use Debt Quite Sensibly
Apr 28What Percentage Of Amerigo Resources Ltd. (TSE:ARG) Shares Do Insiders Own?
Mar 12If You Had Bought Amerigo Resources (TSE:ARG) Stock Five Years Ago, You Could Pocket A 574% Gain Today
Feb 19
Is Amerigo Resources (TSE:ARG) Using Too Much Debt?
Jan 15What Kind Of Investors Own Most Of Amerigo Resources Ltd. (TSE:ARG)?
Dec 11Financial Position Analysis
Short Term Liabilities: ARG's short term assets ($36.2M) do not cover its short term liabilities ($48.5M).
Long Term Liabilities: ARG's short term assets ($36.2M) do not cover its long term liabilities ($46.2M).
Debt to Equity History and Analysis
Debt Level: ARG's net debt to equity ratio (3.4%) is considered satisfactory.
Reducing Debt: ARG's debt to equity ratio has reduced from 60.6% to 19.8% over the past 5 years.
Debt Coverage: ARG's debt is well covered by operating cash flow (97.9%).
Interest Coverage: ARG's interest payments on its debt are not well covered by EBIT (2.3x coverage).