AIC Mines Balance Sheet Health
Financial Health criteria checks 5/6
AIC Mines has a total shareholder equity of A$157.9M and total debt of A$7.4M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are A$202.4M and A$44.5M respectively. AIC Mines's EBIT is A$4.4M making its interest coverage ratio 6.8. It has cash and short-term investments of A$36.3M.
Key information
4.7%
Debt to equity ratio
AU$7.38m
Debt
Interest coverage ratio | 6.8x |
Cash | AU$36.26m |
Equity | AU$157.89m |
Total liabilities | AU$44.52m |
Total assets | AU$202.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IAUF.F's short term assets (A$48.3M) exceed its short term liabilities (A$20.7M).
Long Term Liabilities: IAUF.F's short term assets (A$48.3M) exceed its long term liabilities (A$23.9M).
Debt to Equity History and Analysis
Debt Level: IAUF.F has more cash than its total debt.
Reducing Debt: IAUF.F's debt to equity ratio has increased from 0% to 4.7% over the past 5 years.
Debt Coverage: IAUF.F's debt is well covered by operating cash flow (494.8%).
Interest Coverage: IAUF.F's interest payments on its debt are well covered by EBIT (6.8x coverage).