AmeraMex International Balance Sheet Health
Financial Health criteria checks 3/6
AmeraMex International has a total shareholder equity of $3.6M and total debt of $9.0M, which brings its debt-to-equity ratio to 251.8%. Its total assets and total liabilities are $18.5M and $14.9M respectively.
Key information
251.8%
Debt to equity ratio
US$9.00m
Debt
Interest coverage ratio | n/a |
Cash | US$163.51k |
Equity | US$3.57m |
Total liabilities | US$14.93m |
Total assets | US$18.51m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMMX's short term assets ($12.4M) exceed its short term liabilities ($11.2M).
Long Term Liabilities: AMMX's short term assets ($12.4M) exceed its long term liabilities ($3.8M).
Debt to Equity History and Analysis
Debt Level: AMMX's net debt to equity ratio (247.3%) is considered high.
Reducing Debt: AMMX's debt to equity ratio has reduced from 335.8% to 251.8% over the past 5 years.
Debt Coverage: AMMX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if AMMX's interest payments on its debt are well covered by EBIT.