Andean Precious Metals Balance Sheet Health
Financial Health criteria checks 4/6
Andean Precious Metals has a total shareholder equity of $128.4M and total debt of $59.9M, which brings its debt-to-equity ratio to 46.7%. Its total assets and total liabilities are $278.3M and $149.9M respectively. Andean Precious Metals's EBIT is $3.3M making its interest coverage ratio -2.9. It has cash and short-term investments of $71.3M.
Key information
46.7%
Debt to equity ratio
US$59.93m
Debt
| Interest coverage ratio | -2.9x |
| Cash | US$71.35m |
| Equity | US$128.40m |
| Total liabilities | US$149.90m |
| Total assets | US$278.31m |
Recent financial health updates
These 4 Measures Indicate That Andean Precious Metals (CVE:APM) Is Using Debt Extensively
May 23
Companies Like Andean Precious Metals (CVE:APM) Are In A Position To Invest In Growth
Sep 15Recent updates
These 4 Measures Indicate That Andean Precious Metals (CVE:APM) Is Using Debt Extensively
May 23The Market Lifts Andean Precious Metals Corp. (CVE:APM) Shares 35% But It Can Do More
Apr 09The Market Lifts Andean Precious Metals Corp. (CVE:APM) Shares 35% But It Can Do More
Apr 09Companies Like Andean Precious Metals (CVE:APM) Are In A Position To Invest In Growth
Sep 15Andean Precious Metals Corp. (CVE:APM) Stock Catapults 44% Though Its Price And Business Still Lag The Industry
Apr 17One Analyst Thinks Andean Precious Metals Corp.'s (CVE:APM) Revenues Are Under Threat
Aug 13We Think Andean Precious Metals' (CVE:APM) Healthy Earnings Might Be Conservative
Nov 29Financial Position Analysis
Short Term Liabilities: APM's short term assets ($160.3M) exceed its short term liabilities ($52.2M).
Long Term Liabilities: APM's short term assets ($160.3M) exceed its long term liabilities ($97.7M).
Debt to Equity History and Analysis
Debt Level: APM has more cash than its total debt.
Reducing Debt: Insufficient data to determine if APM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: APM's debt is not well covered by operating cash flow (6.3%).
Interest Coverage: APM earns more interest than it pays, so coverage of interest payments is not a concern.