EMX Royalty Balance Sheet Health
Financial Health criteria checks 4/6
EMX Royalty has a total shareholder equity of $120.4M and total debt of $32.8M, which brings its debt-to-equity ratio to 27.2%. Its total assets and total liabilities are $158.6M and $38.1M respectively. EMX Royalty's EBIT is $2.9M making its interest coverage ratio 0.6. It has cash and short-term investments of $27.3M.
Key information
27.2%
Debt to equity ratio
US$32.75m
Debt
Interest coverage ratio | 0.6x |
Cash | US$27.31m |
Equity | US$120.44m |
Total liabilities | US$38.13m |
Total assets | US$158.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EMX's short term assets ($35.0M) do not cover its short term liabilities ($37.3M).
Long Term Liabilities: EMX's short term assets ($35.0M) exceed its long term liabilities ($815.0K).
Debt to Equity History and Analysis
Debt Level: EMX's net debt to equity ratio (4.5%) is considered satisfactory.
Reducing Debt: EMX's debt to equity ratio has increased from 0% to 27.2% 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 0.8% per year.