EMX Royalty Balance Sheet Health
Financial Health criteria checks 4/6
EMX Royalty has a total shareholder equity of $117.1M and total debt of $33.7M, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are $156.1M and $39.0M respectively. EMX Royalty's EBIT is $4.7M making its interest coverage ratio 1. It has cash and short-term investments of $26.4M.
Key information
28.8%
Debt to equity ratio
US$33.67m
Debt
| Interest coverage ratio | 1x |
| Cash | US$26.36m |
| Equity | US$117.08m |
| Total liabilities | US$39.01m |
| Total assets | US$156.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EMX's short term assets ($35.8M) do not cover its short term liabilities ($38.2M).
Long Term Liabilities: EMX's short term assets ($35.8M) exceed its long term liabilities ($826.0K).
Debt to Equity History and Analysis
Debt Level: EMX's net debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: EMX's debt to equity ratio has increased from 0% to 28.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable EMX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: EMX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 17.3% per year.