A-Mark Precious Metals Balance Sheet Health
Financial Health criteria checks 4/6
A-Mark Precious Metals has a total shareholder equity of $585.4M and total debt of $844.1M, which brings its debt-to-equity ratio to 144.2%. Its total assets and total liabilities are $1.6B and $1.0B respectively. A-Mark Precious Metals's EBIT is $147.6M making its interest coverage ratio 10.9. It has cash and short-term investments of $28.5M.
Key information
144.2%
Debt to equity ratio
US$844.06m
Debt
Interest coverage ratio | 10.9x |
Cash | US$28.50m |
Equity | US$585.38m |
Total liabilities | US$1.04b |
Total assets | US$1.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AND's short term assets ($1.3B) exceed its short term liabilities ($719.7M).
Long Term Liabilities: AND's short term assets ($1.3B) exceed its long term liabilities ($318.8M).
Debt to Equity History and Analysis
Debt Level: AND's net debt to equity ratio (139.3%) is considered high.
Reducing Debt: AND's debt to equity ratio has reduced from 745.6% to 144.2% over the past 5 years.
Debt Coverage: AND's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AND's interest payments on its debt are well covered by EBIT (10.9x coverage).