Alphamin Resources Balance Sheet Health
Financial Health criteria checks 6/6
Alphamin Resources has a total shareholder equity of $390.5M and total debt of $72.0M, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are $543.7M and $153.2M respectively. Alphamin Resources's EBIT is $114.4M making its interest coverage ratio 21.1. It has cash and short-term investments of $53.5M.
Key information
18.4%
Debt to equity ratio
US$71.95m
Debt
| Interest coverage ratio | 21.1x |
| Cash | US$53.47m |
| Equity | US$390.50m |
| Total liabilities | US$153.20m |
| Total assets | US$543.70m |
Recent financial health updates
Does Alphamin Resources (CVE:AFM) Have A Healthy Balance Sheet?
Jan 29
Here'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
What 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 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 08
Did Business Growth Power Alphamin Resources' (CVE:AFM) Share Price Gain of 165%?
Jan 18Financial Position Analysis
Short Term Liabilities: AFM's short term assets ($136.4M) exceed its short term liabilities ($105.4M).
Long Term Liabilities: AFM's short term assets ($136.4M) exceed its long term liabilities ($47.8M).
Debt to Equity History and Analysis
Debt Level: AFM's net debt to equity ratio (4.7%) is considered satisfactory.
Reducing Debt: AFM's debt to equity ratio has reduced from 54.1% to 18.4% over the past 5 years.
Debt Coverage: AFM's debt is well covered by operating cash flow (61%).
Interest Coverage: AFM's interest payments on its debt are well covered by EBIT (21.1x coverage).