Alkane Resources Ltd

OTCPK:ALKE.F Stock Report

Market Cap: US$208.8m

Alkane Resources Balance Sheet Health

Financial Health criteria checks 5/6

Alkane Resources has a total shareholder equity of A$309.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$464.7M and A$155.3M respectively. Alkane Resources's EBIT is A$23.6M making its interest coverage ratio -23.4. It has cash and short-term investments of A$45.5M.

Key information

0%

Debt to equity ratio

AU$0

Debt

Interest coverage ratio-23.4x
CashAU$45.52m
EquityAU$309.37m
Total liabilitiesAU$155.32m
Total assetsAU$464.70m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: ALKE.F's short term assets (A$72.0M) exceed its short term liabilities (A$52.4M).

Long Term Liabilities: ALKE.F's short term assets (A$72.0M) do not cover its long term liabilities (A$103.0M).


Debt to Equity History and Analysis

Debt Level: ALKE.F is debt free.

Reducing Debt: ALKE.F had no debt 5 years ago.

Debt Coverage: ALKE.F has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ALKE.F has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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