Alphamin Resources Balance Sheet Health
Financial Health criteria checks 6/6
Alphamin Resources has a total shareholder equity of $390.5M and total debt of $72.0M, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are $543.7M and $153.2M respectively. Alphamin Resources's EBIT is $114.4M making its interest coverage ratio 21.1. It has cash and short-term investments of $53.5M.
Key information
18.4%
Debt to equity ratio
US$71.95m
Debt
Interest coverage ratio | 21.1x |
Cash | US$53.47m |
Equity | US$390.50m |
Total liabilities | US$153.20m |
Total assets | US$543.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFMJ.F's short term assets ($136.4M) exceed its short term liabilities ($105.4M).
Long Term Liabilities: AFMJ.F's short term assets ($136.4M) exceed its long term liabilities ($47.8M).
Debt to Equity History and Analysis
Debt Level: AFMJ.F's net debt to equity ratio (4.7%) is considered satisfactory.
Reducing Debt: AFMJ.F's debt to equity ratio has reduced from 54.1% to 18.4% over the past 5 years.
Debt Coverage: AFMJ.F's debt is well covered by operating cash flow (61%).
Interest Coverage: AFMJ.F's interest payments on its debt are well covered by EBIT (21.1x coverage).