Alithya Group Balance Sheet Health
Financial Health criteria checks 4/6
Alithya Group has a total shareholder equity of CA$173.9M and total debt of CA$107.9M, which brings its debt-to-equity ratio to 62%. Its total assets and total liabilities are CA$400.0M and CA$226.1M respectively. Alithya Group's EBIT is CA$4.3M making its interest coverage ratio 0.4. It has cash and short-term investments of CA$10.8M.
Key information
62.0%
Debt to equity ratio
CA$107.91m
Debt
| Interest coverage ratio | 0.4x |
| Cash | CA$10.83m |
| Equity | CA$173.93m |
| Total liabilities | CA$226.09m |
| Total assets | CA$400.03m |
Recent financial health updates
Alithya Group (TSE:ALYA) Is Making Moderate Use Of Debt
Feb 17
Is Alithya Group (TSE:ALYA) Using Too Much Debt?
Sep 22Alithya Group (TSE:ALYA) Is Making Moderate Use Of Debt
Aug 25Alithya Group (TSE:ALYA) Is Carrying A Fair Bit Of Debt
May 19Recent updates
Alithya Group (TSE:ALYA) Is Making Moderate Use Of Debt
Feb 17It's Down 30% But Alithya Group Inc. (TSE:ALYA) Could Be Riskier Than It Looks
Nov 15Is Alithya Group (TSE:ALYA) Using Too Much Debt?
Sep 22Alithya Group (TSE:ALYA) Is Making Moderate Use Of Debt
Aug 25Alithya Group (TSE:ALYA) Is Carrying A Fair Bit Of Debt
May 19Market Sentiment Around Loss-Making Alithya Group Inc. (TSE:ALYA)
Apr 28Are Investors Undervaluing Alithya Group Inc. (TSE:ALYA) By 41%?
Mar 26Would Shareholders Who Purchased Alithya Group's (TSE:ALYA) Stock Year Be Happy With The Share price Today?
Feb 28Financial Position Analysis
Short Term Liabilities: ALYA's short term assets (CA$134.8M) exceed its short term liabilities (CA$103.4M).
Long Term Liabilities: ALYA's short term assets (CA$134.8M) exceed its long term liabilities (CA$122.7M).
Debt to Equity History and Analysis
Debt Level: ALYA's net debt to equity ratio (55.8%) is considered high.
Reducing Debt: ALYA's debt to equity ratio has increased from 16.1% to 62% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ALYA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ALYA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 48.1% per year.