Alphinat Balance Sheet Health
Financial Health criteria checks 2/6
Alphinat has a total shareholder equity of CA$-802.0K and total debt of CA$92.5K, which brings its debt-to-equity ratio to -11.5%. Its total assets and total liabilities are CA$679.9K and CA$1.5M respectively. Alphinat's EBIT is CA$146.7K making its interest coverage ratio 8.6. It has cash and short-term investments of CA$6.7K.
Key information
-11.5%
Debt to equity ratio
CA$92.47k
Debt
| Interest coverage ratio | 8.6x |
| Cash | CA$6.72k |
| Equity | -CA$801.97k |
| Total liabilities | CA$1.48m |
| Total assets | CA$679.89k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APHT.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: APHT.F has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: APHT.F has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: APHT.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: APHT.F's debt is well covered by operating cash flow (209.6%).
Interest Coverage: APHT.F's interest payments on its debt are well covered by EBIT (8.6x coverage).