Alphamin Resources Balance Sheet Health
Financial Health criteria checks 6/6
Alphamin Resources has a total shareholder equity of $408.3M and total debt of $70.8M, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are $589.6M and $181.3M respectively. Alphamin Resources's EBIT is $176.8M making its interest coverage ratio 17.9. It has cash and short-term investments of $69.8M.
Key information
17.3%
Debt to equity ratio
US$70.83m
Debt
| Interest coverage ratio | 17.9x |
| Cash | US$69.76m |
| Equity | US$408.30m |
| Total liabilities | US$181.28m |
| Total assets | US$589.58m |
Recent financial health updates
Alphamin Resources (CVE:AFM) Has A Pretty Healthy Balance Sheet
Dec 04
We Think Alphamin Resources (CVE:AFM) Can Stay On Top Of Its Debt
Aug 23Alphamin Resources (CVE:AFM) Seems To Use Debt Quite Sensibly
May 23Does Alphamin Resources (CVE:AFM) Have A Healthy Balance Sheet?
Jan 29Here's Why Alphamin Resources (CVE:AFM) Can Manage Its Debt Responsibly
Aug 03Is Alphamin Resources (CVE:AFM) A Risky Investment?
Apr 14Recent updates
A Piece Of The Puzzle Missing From Alphamin Resources Corp.'s (CVE:AFM) Share Price
Jan 03Alphamin Resources (CVE:AFM) Has A Pretty Healthy Balance Sheet
Dec 04Alphamin Resources (CVE:AFM) Is Achieving High Returns On Its Capital
Oct 28Alphamin Resources Corp. (CVE:AFM) Not Lagging Market On Growth Or Pricing
Sep 15We Think Alphamin Resources (CVE:AFM) Can Stay On Top Of Its Debt
Aug 23The Trend Of High Returns At Alphamin Resources (CVE:AFM) Has Us Very Interested
Jul 04Alphamin Resources (CVE:AFM) Seems To Use Debt Quite Sensibly
May 23What Alphamin Resources Corp.'s (CVE:AFM) 27% Share Price Gain Is Not Telling You
Apr 28Shareholders Would Enjoy A Repeat Of Alphamin Resources' (CVE:AFM) Recent Growth In Returns
Apr 05Alphamin Resources' (CVE:AFM) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Mar 15Investors Appear Satisfied With Alphamin Resources Corp.'s (CVE:AFM) Prospects As Shares Rocket 26%
Feb 13Does Alphamin Resources (CVE:AFM) Have A Healthy Balance Sheet?
Jan 29Alphamin Resources (CVE:AFM) Could Become A Multi-Bagger
Oct 03Here's Why Alphamin Resources (CVE:AFM) Can Manage Its Debt Responsibly
Aug 03Alphamin Resources (CVE:AFM) Is Investing Its Capital With Increasing Efficiency
Jun 16Is Alphamin Resources (CVE:AFM) A Risky Investment?
Apr 14Is Now The Time To Put Alphamin Resources (CVE:AFM) On Your Watchlist?
Mar 28Investors Should Be Encouraged By Alphamin Resources' (CVE:AFM) Returns On Capital
Mar 13Alphamin Resources (CVE:AFM) Has A Rock Solid Balance Sheet
Dec 29We Ran A Stock Scan For Earnings Growth And Alphamin Resources (CVE:AFM) Passed With Ease
Dec 04A Piece Of The Puzzle Missing From Alphamin Resources Corp.'s (CVE:AFM) 38% Share Price Climb
Nov 16Is Alphamin Resources (CVE:AFM) Using Too Much Debt?
Sep 03Should You Be Adding Alphamin Resources (CVE:AFM) To Your Watchlist Today?
Jul 21Is Alphamin Resources (CVE:AFM) Using Too Much Debt?
May 06Returns on Capital Paint A Bright Future For Alphamin Resources (CVE:AFM)
Apr 06Alphamin Resources (CVE:AFM) Could Easily Take On More Debt
Jan 11Why The 42% Return On Capital At Alphamin Resources (CVE:AFM) Should Have Your Attention
Dec 25If You Like EPS Growth Then Check Out Alphamin Resources (CVE:AFM) Before It's Too Late
Nov 27Shareholders Would Enjoy A Repeat Of Alphamin Resources' (CVE:AFM) Recent Growth In Returns
Aug 17Is Alphamin Resources (CVE:AFM) Using Too Much Debt?
Jul 27Financial Position Analysis
Short Term Liabilities: AFM's short term assets ($178.8M) exceed its short term liabilities ($139.6M).
Long Term Liabilities: AFM's short term assets ($178.8M) exceed its long term liabilities ($41.7M).
Debt to Equity History and Analysis
Debt Level: AFM's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: AFM's debt to equity ratio has reduced from 56.8% to 17.3% over the past 5 years.
Debt Coverage: AFM's debt is well covered by operating cash flow (238.2%).
Interest Coverage: AFM's interest payments on its debt are well covered by EBIT (17.9x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/30 23:06 |
| End of Day Share Price | 2025/01/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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
Alphamin Resources Corp. is covered by 1 analysts. 1 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 |
|---|---|
| Lord Ashbourne | Edison Investment Research |