Alkane Resources Balance Sheet Health
Financial Health criteria checks 6/6
Alkane Resources has a total shareholder equity of A$317.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$419.3M and A$102.3M respectively. Alkane Resources's EBIT is A$40.1M making its interest coverage ratio -19.7. It has cash and short-term investments of A$57.3M.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | -19.7x |
Cash | AU$57.30m |
Equity | AU$317.02m |
Total liabilities | AU$102.26m |
Total assets | AU$419.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALKE.F's short term assets (A$81.9M) exceed its short term liabilities (A$38.5M).
Long Term Liabilities: ALKE.F's short term assets (A$81.9M) exceed its long term liabilities (A$63.8M).
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.