Altamin Balance Sheet Health

Financial Health criteria checks 6/6

Altamin has a total shareholder equity of A$3.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$3.8M and A$633.0K respectively.

Key information

0%

Debt to equity ratio

AU$0

Debt

Interest coverage ration/a
CashAU$1.23m
EquityAU$3.17m
Total liabilitiesAU$633.03k
Total assetsAU$3.80m

Recent financial health updates

Recent updates

Is Alta Zinc (ASX:AZI) In A Good Position To Invest In Growth?

May 28
Is Alta Zinc (ASX:AZI) In A Good Position To Invest In Growth?

Financial Position Analysis

Short Term Liabilities: AZI's short term assets (A$1.8M) exceed its short term liabilities (A$627.5K).

Long Term Liabilities: AZI's short term assets (A$1.8M) exceed its long term liabilities (A$5.5K).


Debt to Equity History and Analysis

Debt Level: AZI is debt free.

Reducing Debt: AZI had no debt 5 years ago.


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: AZI has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: AZI is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.


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