Armada Mercantile Balance Sheet Health
Financial Health criteria checks 5/6
Armada Mercantile has a total shareholder equity of CA$5.9M and total debt of CA$7.1K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CA$6.4M and CA$534.0K respectively.
Key information
0.1%
Debt to equity ratio
CA$7.15k
Debt
Interest coverage ratio | n/a |
Cash | CA$5.52m |
Equity | CA$5.88m |
Total liabilities | CA$534.02k |
Total assets | CA$6.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AAMT.F's short term assets (CA$5.6M) exceed its short term liabilities (CA$534.0K).
Long Term Liabilities: AAMT.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AAMT.F has more cash than its total debt.
Reducing Debt: AAMT.F's debt to equity ratio has reduced from 17.4% to 0.1% over the past 5 years.
Debt Coverage: AAMT.F's debt is well covered by operating cash flow (5549.4%).
Interest Coverage: Insufficient data to determine if AAMT.F's interest payments on its debt are well covered by EBIT.