AMREP Balance Sheet Health
Financial Health criteria checks 6/6
AMREP has a total shareholder equity of $113.8M and total debt of $37.0K, which brings its debt-to-equity ratio to 0.03%. Its total assets and total liabilities are $119.0M and $5.2M respectively. AMREP's EBIT is $7.5M making its interest coverage ratio -15.7. It has cash and short-term investments of $23.1M.
Key information
0.03%
Debt to equity ratio
US$37.00k
Debt
| Interest coverage ratio | -15.7x |
| Cash | US$23.06m |
| Equity | US$113.79m |
| Total liabilities | US$5.21m |
| Total assets | US$118.99m |
Recent financial health updates
Is AMREP (NYSE:AXR) Using Too Much Debt?
Sep 26
We Think AMREP (NYSE:AXR) Can Manage Its Debt With Ease
Mar 30Does AMREP (NYSE:AXR) Have A Healthy Balance Sheet?
Mar 05Recent updates
AMREP Is Getting More Aggressive With Building, But Still Not An Opportunity
Apr 24AMREP Performs As Expected But Is No Longer An Opportunity
Jan 25AMREP Corporation (NYSE:AXR) Held Back By Insufficient Growth Even After Shares Climb 29%
Dec 23Estimating The Intrinsic Value Of AMREP Corporation (NYSE:AXR)
Dec 08Is Now The Time To Put AMREP (NYSE:AXR) On Your Watchlist?
Nov 20AMREP Trading At Value Price Even If The Balance Sheet Is Ignored
Feb 06AMREP GAAP EPS of $0.68, revenue of $16.15M
Dec 12AMREP Corporation: Share Price Declining But Margins And Balance Sheet Remain Strong
Oct 27Is AMREP (NYSE:AXR) Using Too Much Debt?
Sep 26AMREP GAAP EPS of $0.36, revenue of $11.23M
Sep 07Should You Be Adding AMREP (NYSE:AXR) To Your Watchlist Today?
Sep 02AMREP GAAP EPS of $2.21, revenue of $62.48M
Jul 21We Think AMREP (NYSE:AXR) Can Manage Its Debt With Ease
Mar 30Here's Why Shareholders Will Not Be Complaining About AMREP Corporation's (NYSE:AXR) CEO Pay Packet
Sep 03Shareholders Will Be Pleased With The Quality of AMREP's (NYSE:AXR) Earnings
Aug 03AMREP (NYSE:AXR) Is Doing The Right Things To Multiply Its Share Price
Apr 28Does AMREP (NYSE:AXR) Have A Healthy Balance Sheet?
Mar 05AMREP: Over 90% Upside With $24 Million In Hidden Assets Held For Sale And New Homebuilding Unit
Dec 02Does AMREP's (NYSE:AXR) CEO Salary Compare Well With Industry Peers?
Nov 20Why Gate City Capital Believes Amrep Is Undervalued
Nov 04Financial Position Analysis
Short Term Liabilities: AXR's short term assets ($92.1M) exceed its short term liabilities ($5.2M).
Long Term Liabilities: AXR's short term assets ($92.1M) exceed its long term liabilities ($37.0K).
Debt to Equity History and Analysis
Debt Level: AXR has more cash than its total debt.
Reducing Debt: AXR's debt to equity ratio has reduced from 2.9% to 0.03% over the past 5 years.
Debt Coverage: AXR's debt is well covered by operating cash flow (30224.3%).
Interest Coverage: AXR earns more interest than it pays, so coverage of interest payments is not a concern.