American Creek Resources Balance Sheet Health
Financial Health criteria checks 6/6
American Creek Resources has a total shareholder equity of CA$7.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$7.4M and CA$38.7K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$360.95k |
Equity | CA$7.34m |
Total liabilities | CA$38.71k |
Total assets | CA$7.38m |
Financial Position Analysis
Short Term Liabilities: AMK's short term assets (CA$599.6K) exceed its short term liabilities (CA$38.7K).
Long Term Liabilities: AMK has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AMK is debt free.
Reducing Debt: AMK has no debt compared to 5 years ago when its debt to equity ratio was 1.7%.
Debt Coverage: AMK has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AMK has no debt, therefore coverage of interest payments is not a concern.