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 ratio34x
CashUS$7.16m
EquityUS$365.51m
Total liabilitiesUS$151.25m
Total assetsUS$516.76m

Recent financial health updates

Recent updates

Alphamin Resources' (CVE:AFM) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Mar 15
Alphamin Resources' (CVE:AFM) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Investors Appear Satisfied With Alphamin Resources Corp.'s (CVE:AFM) Prospects As Shares Rocket 26%

Feb 13
Investors Appear Satisfied With Alphamin Resources Corp.'s (CVE:AFM) Prospects As Shares Rocket 26%

Does Alphamin Resources (CVE:AFM) Have A Healthy Balance Sheet?

Jan 29
Does Alphamin Resources (CVE:AFM) Have A Healthy Balance Sheet?

Alphamin Resources (CVE:AFM) Could Become A Multi-Bagger

Oct 03
Alphamin Resources (CVE:AFM) Could Become A Multi-Bagger

Here's Why Alphamin Resources (CVE:AFM) Can Manage Its Debt Responsibly

Aug 03
Here's Why Alphamin Resources (CVE:AFM) Can Manage Its Debt Responsibly

Alphamin Resources (CVE:AFM) Is Investing Its Capital With Increasing Efficiency

Jun 16
Alphamin Resources (CVE:AFM) Is Investing Its Capital With Increasing Efficiency

Is Alphamin Resources (CVE:AFM) A Risky Investment?

Apr 14
Is Alphamin Resources (CVE:AFM) A Risky Investment?

Is Now The Time To Put Alphamin Resources (CVE:AFM) On Your Watchlist?

Mar 28
Is Now The Time To Put Alphamin Resources (CVE:AFM) On Your Watchlist?

Investors Should Be Encouraged By Alphamin Resources' (CVE:AFM) Returns On Capital

Mar 13
Investors Should Be Encouraged By Alphamin Resources' (CVE:AFM) Returns On Capital

Alphamin Resources (CVE:AFM) Has A Rock Solid Balance Sheet

Dec 29
Alphamin Resources (CVE:AFM) Has A Rock Solid Balance Sheet

We Ran A Stock Scan For Earnings Growth And Alphamin Resources (CVE:AFM) Passed With Ease

Dec 04
We Ran A Stock Scan For Earnings Growth And Alphamin Resources (CVE:AFM) Passed With Ease

A Piece Of The Puzzle Missing From Alphamin Resources Corp.'s (CVE:AFM) 38% Share Price Climb

Nov 16
A Piece Of The Puzzle Missing From Alphamin Resources Corp.'s (CVE:AFM) 38% Share Price Climb

Is Alphamin Resources (CVE:AFM) Using Too Much Debt?

Sep 03
Is Alphamin Resources (CVE:AFM) Using Too Much Debt?

Should You Be Adding Alphamin Resources (CVE:AFM) To Your Watchlist Today?

Jul 21
Should You Be Adding Alphamin Resources (CVE:AFM) To Your Watchlist Today?

Is Alphamin Resources (CVE:AFM) Using Too Much Debt?

May 06
Is Alphamin Resources (CVE:AFM) Using Too Much Debt?

Returns on Capital Paint A Bright Future For Alphamin Resources (CVE:AFM)

Apr 06
Returns on Capital Paint A Bright Future For Alphamin Resources (CVE:AFM)

Alphamin Resources (CVE:AFM) Could Easily Take On More Debt

Jan 11
Alphamin Resources (CVE:AFM) Could Easily Take On More Debt

Why The 42% Return On Capital At Alphamin Resources (CVE:AFM) Should Have Your Attention

Dec 25
Why The 42% Return On Capital At Alphamin Resources (CVE:AFM) Should Have Your Attention

If You Like EPS Growth Then Check Out Alphamin Resources (CVE:AFM) Before It's Too Late

Nov 27
If You Like EPS Growth Then Check Out Alphamin Resources (CVE:AFM) Before It's Too Late

Shareholders Would Enjoy A Repeat Of Alphamin Resources' (CVE:AFM) Recent Growth In Returns

Aug 17
Shareholders Would Enjoy A Repeat Of Alphamin Resources' (CVE:AFM) Recent Growth In Returns

Is Alphamin Resources (CVE:AFM) Using Too Much Debt?

Jul 27
Is Alphamin Resources (CVE:AFM) Using Too Much Debt?

Will The ROCE Trend At Alphamin Resources (CVE:AFM) Continue?

Mar 01
Will The ROCE Trend At Alphamin Resources (CVE:AFM) Continue?

We Think Alphamin Resources (CVE:AFM) Can Stay On Top Of Its Debt

Feb 08
We Think Alphamin Resources (CVE:AFM) Can Stay On Top Of Its Debt

Did Business Growth Power Alphamin Resources' (CVE:AFM) Share Price Gain of 165%?

Jan 18
Did Business Growth Power Alphamin Resources' (CVE:AFM) Share Price Gain of 165%?

Alphamin Resources Corp.'s (CVE:AFM) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Dec 28
Alphamin Resources Corp.'s (CVE:AFM) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Here's Why We Don't Think Alphamin Resources's (CVE:AFM) Statutory Earnings Reflect Its Underlying Earnings Potential

Dec 07
Here's Why We Don't Think Alphamin Resources's (CVE:AFM) Statutory Earnings Reflect Its Underlying Earnings Potential

A Look At The Fair Value Of Alphamin Resources Corp. (CVE:AFM)

Nov 20
A Look At The Fair Value Of Alphamin Resources Corp. (CVE:AFM)

Financial 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).


Balance Sheet


Discover healthy companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.