AltynGold Balance Sheet Health
Financial Health criteria checks 3/6
AltynGold has a total shareholder equity of $70.7M and total debt of $58.5M, which brings its debt-to-equity ratio to 82.8%. Its total assets and total liabilities are $145.5M and $74.8M respectively. AltynGold's EBIT is $15.4M making its interest coverage ratio 4.3. It has cash and short-term investments of $5.5M.
Key information
82.8%
Debt to equity ratio
US$58.49m
Debt
Interest coverage ratio | 4.3x |
Cash | US$5.50m |
Equity | US$70.68m |
Total liabilities | US$74.81m |
Total assets | US$145.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FPP0's short term assets ($41.4M) exceed its short term liabilities ($28.1M).
Long Term Liabilities: FPP0's short term assets ($41.4M) do not cover its long term liabilities ($46.7M).
Debt to Equity History and Analysis
Debt Level: FPP0's net debt to equity ratio (75%) is considered high.
Reducing Debt: FPP0's debt to equity ratio has increased from 14.9% to 82.8% over the past 5 years.
Debt Coverage: FPP0's debt is well covered by operating cash flow (25%).
Interest Coverage: FPP0's interest payments on its debt are well covered by EBIT (4.3x coverage).