Alphamin Resources Balance Sheet Health
Financial Health criteria checks 5/6
Alphamin Resources has a total shareholder equity of $365.5M and total debt of $72.5M, which brings its debt-to-equity ratio to 19.8%. Its total assets and total liabilities are $516.8M and $151.2M respectively. Alphamin Resources's EBIT is $105.7M making its interest coverage ratio 34. It has cash and short-term investments of $7.2M.
Key information
19.8%
Debt to equity ratio
US$72.47m
Debt
Interest coverage ratio | 34x |
Cash | US$7.16m |
Equity | US$365.51m |
Total liabilities | US$151.25m |
Total assets | US$516.76m |
Recent financial health updates
Does 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 14Alphamin Resources (CVE:AFM) Has A Rock Solid Balance Sheet
Dec 29Is Alphamin Resources (CVE:AFM) Using Too Much Debt?
Sep 03Is Alphamin Resources (CVE:AFM) Using Too Much Debt?
May 06Recent updates
Alphamin 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 27Will The ROCE Trend At Alphamin Resources (CVE:AFM) Continue?
Mar 01We Think Alphamin Resources (CVE:AFM) Can Stay On Top Of Its Debt
Feb 08Did Business Growth Power Alphamin Resources' (CVE:AFM) Share Price Gain of 165%?
Jan 18Alphamin Resources Corp.'s (CVE:AFM) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Dec 28Here's Why We Don't Think Alphamin Resources's (CVE:AFM) Statutory Earnings Reflect Its Underlying Earnings Potential
Dec 07A Look At The Fair Value Of Alphamin Resources Corp. (CVE:AFM)
Nov 20Financial Position Analysis
Short Term Liabilities: AFM's short term assets ($129.5M) exceed its short term liabilities ($109.5M).
Long Term Liabilities: AFM's short term assets ($129.5M) exceed its long term liabilities ($41.8M).
Debt to Equity History and Analysis
Debt Level: AFM's net debt to equity ratio (17.9%) is considered satisfactory.
Reducing Debt: AFM's debt to equity ratio has reduced from 51.6% to 19.8% over the past 5 years.
Debt Coverage: AFM's debt is not well covered by operating cash flow (3.2%).
Interest Coverage: AFM's interest payments on its debt are well covered by EBIT (34x coverage).