Alamos Gold Balance Sheet Health
Financial Health criteria checks 5/6
Alamos Gold has a total shareholder equity of $3.0B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $4.0B and $1.1B respectively. Alamos Gold's EBIT is $324.5M making its interest coverage ratio 270.4. It has cash and short-term investments of $256.5M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 270.4x |
Cash | US$256.50m |
Equity | US$2.96b |
Total liabilities | US$1.06b |
Total assets | US$4.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1AL's short term assets ($568.4M) exceed its short term liabilities ($203.7M).
Long Term Liabilities: 1AL's short term assets ($568.4M) do not cover its long term liabilities ($851.6M).
Debt to Equity History and Analysis
Debt Level: 1AL is debt free.
Reducing Debt: 1AL had no debt 5 years ago.
Debt Coverage: 1AL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1AL has no debt, therefore coverage of interest payments is not a concern.