Amerigo Resources Balance Sheet Health
Financial Health criteria checks 5/6
Amerigo Resources has a total shareholder equity of $106.4M and total debt of $14.9M, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are $201.7M and $95.2M respectively. Amerigo Resources's EBIT is $30.9M making its interest coverage ratio 12.9. It has cash and short-term investments of $25.5M.
Key information
14.0%
Debt to equity ratio
US$14.95m
Debt
Interest coverage ratio | 12.9x |
Cash | US$25.51m |
Equity | US$106.41m |
Total liabilities | US$95.24m |
Total assets | US$201.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARRE.F's short term assets ($51.1M) do not cover its short term liabilities ($55.9M).
Long Term Liabilities: ARRE.F's short term assets ($51.1M) exceed its long term liabilities ($39.3M).
Debt to Equity History and Analysis
Debt Level: ARRE.F has more cash than its total debt.
Reducing Debt: ARRE.F's debt to equity ratio has reduced from 54.8% to 14% over the past 5 years.
Debt Coverage: ARRE.F's debt is well covered by operating cash flow (320.1%).
Interest Coverage: ARRE.F's interest payments on its debt are well covered by EBIT (12.9x coverage).