Alphamin Resources Balance Sheet Health
Financial Health criteria checks 6/6
Alphamin Resources has a total shareholder equity of $379.8M and total debt of $72.8M, which brings its debt-to-equity ratio to 19.2%. Its total assets and total liabilities are $544.8M and $165.0M respectively. Alphamin Resources's EBIT is $131.3M making its interest coverage ratio 17. It has cash and short-term investments of $37.7M.
Key information
19.2%
Debt to equity ratio
US$72.77m
Debt
| Interest coverage ratio | 17x |
| Cash | US$37.71m |
| Equity | US$379.80m |
| Total liabilities | US$165.04m |
| Total assets | US$544.85m |
Recent financial health updates
We Think Alphamin Resources (CVE:AFM) Can Stay On Top Of Its Debt
Aug 23
Alphamin 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 14Alphamin Resources (CVE:AFM) Has A Rock Solid Balance Sheet
Dec 29Recent updates
We 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 ($129.6M) exceed its short term liabilities ($121.9M).
Long Term Liabilities: AFM's short term assets ($129.6M) exceed its long term liabilities ($43.2M).
Debt to Equity History and Analysis
Debt Level: AFM's net debt to equity ratio (9.2%) is considered satisfactory.
Reducing Debt: AFM's debt to equity ratio has reduced from 55.8% to 19.2% over the past 5 years.
Debt Coverage: AFM's debt is well covered by operating cash flow (156.8%).
Interest Coverage: AFM's interest payments on its debt are well covered by EBIT (17x coverage).