Amcomri Entertainment Balance Sheet Health
Financial Health criteria checks 2/6
Amcomri Entertainment has a total shareholder equity of CA$16.2M and total debt of CA$12.1M, which brings its debt-to-equity ratio to 74.2%. Its total assets and total liabilities are CA$56.6M and CA$40.4M respectively. Amcomri Entertainment's EBIT is CA$1.6M making its interest coverage ratio 2. It has cash and short-term investments of CA$1.4M.
Key information
74.2%
Debt to equity ratio
CA$12.06m
Debt
Interest coverage ratio | 2x |
Cash | CA$1.45m |
Equity | CA$16.25m |
Total liabilities | CA$40.37m |
Total assets | CA$56.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMNN.F's short term assets (CA$21.2M) do not cover its short term liabilities (CA$39.9M).
Long Term Liabilities: AMNN.F's short term assets (CA$21.2M) exceed its long term liabilities (CA$498.0K).
Debt to Equity History and Analysis
Debt Level: AMNN.F's net debt to equity ratio (65.3%) is considered high.
Reducing Debt: Insufficient data to determine if AMNN.F's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AMNN.F's debt is well covered by operating cash flow (132.2%).
Interest Coverage: AMNN.F's interest payments on its debt are not well covered by EBIT (2x coverage).