Althea Group Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Althea Group Holdings has a total shareholder equity of A$15.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$38.0M and A$22.9M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.26m |
| Equity | AU$15.17m |
| Total liabilities | AU$22.86m |
| Total assets | AU$38.03m |
Recent financial health updates
We Think Althea Group Holdings (ASX:AGH) Needs To Drive Business Growth Carefully
Jul 11
Is Althea Group Holdings (ASX:AGH) In A Good Position To Invest In Growth?
Feb 25Recent updates
Althea Group Holdings Limited's (ASX:AGH) Prospects Need A Boost To Lift Shares
Jun 08Investors Continue Waiting On Sidelines For Althea Group Holdings Limited (ASX:AGH)
Feb 23Althea Group Holdings Limited (ASX:AGH) Shares Fly 28% But Investors Aren't Buying For Growth
Apr 18We Think Althea Group Holdings (ASX:AGH) Needs To Drive Business Growth Carefully
Jul 11The Consensus EPS Estimates For Althea Group Holdings Limited (ASX:AGH) Just Fell A Lot
Feb 28Is Althea Group Holdings (ASX:AGH) In A Good Position To Invest In Growth?
Feb 25When Will Althea Group Holdings Limited (ASX:AGH) Become Profitable?
Mar 13Can You Imagine How Althea Group Holdings' (ASX:AGH) Shareholders Feel About The 28% Share Price Increase?
Feb 06
What You Need To Know About Althea Group Holdings Limited's (ASX:AGH) Investor Composition
Dec 04Financial Position Analysis
Short Term Liabilities: AGH's short term assets (A$14.1M) do not cover its short term liabilities (A$16.0M).
Long Term Liabilities: AGH's short term assets (A$14.1M) exceed its long term liabilities (A$6.9M).
Debt to Equity History and Analysis
Debt Level: AGH is debt free.
Reducing Debt: AGH 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: AGH has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AGH has less than a year of cash runway if free cash flow continues to grow at historical rates of 4% each year.