Alterra Balance Sheet Health
Financial Health criteria checks 4/6
Alterra has a total shareholder equity of A$10.3M and total debt of A$4.3M, which brings its debt-to-equity ratio to 42%. Its total assets and total liabilities are A$29.8M and A$19.5M respectively.
Key information
42.0%
Debt to equity ratio
AU$4.35m
Debt
Interest coverage ratio | n/a |
Cash | AU$1.14m |
Equity | AU$10.34m |
Total liabilities | AU$19.47m |
Total assets | AU$29.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1AG's short term assets (A$1.7M) exceed its short term liabilities (A$1.3M).
Long Term Liabilities: 1AG's short term assets (A$1.7M) do not cover its long term liabilities (A$18.2M).
Debt to Equity History and Analysis
Debt Level: 1AG's net debt to equity ratio (31%) is considered satisfactory.
Reducing Debt: 1AG's debt to equity ratio has increased from 15.7% to 42% 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: 1AG has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 1AG is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.