Alba Mineral Resources Balance Sheet Health
Financial Health criteria checks 5/6
Alba Mineral Resources has a total shareholder equity of £11.3M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £11.5M and £257.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£58.00k |
Equity | UK£11.26m |
Total liabilities | UK£257.00k |
Total assets | UK£11.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9AB's short term assets (£175.0K) do not cover its short term liabilities (£257.0K).
Long Term Liabilities: 9AB has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 9AB is debt free.
Reducing Debt: 9AB has no debt compared to 5 years ago when its debt to equity ratio was 3.9%.
Debt Coverage: 9AB has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 9AB has no debt, therefore coverage of interest payments is not a concern.