Almonty Industries Balance Sheet Health
Financial Health criteria checks 1/6
Almonty Industries has a total shareholder equity of CA$48.5M and total debt of CA$130.0M, which brings its debt-to-equity ratio to 267.9%. Its total assets and total liabilities are CA$235.3M and CA$186.8M respectively.
Key information
267.9%
Debt to equity ratio
CA$129.95m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$22.02m |
| Equity | CA$48.51m |
| Total liabilities | CA$186.83m |
| Total assets | CA$235.33m |
Recent financial health updates
Is Almonty Industries (TSE:AII) Using Debt Sensibly?
Oct 24
Would Almonty Industries (TSE:AII) Be Better Off With Less Debt?
Dec 09
Recent updates
Almonty Industries Inc.'s (TSE:AII) 30% Jump Shows Its Popularity With Investors
Feb 01Is Almonty Industries (TSE:AII) Using Debt Sensibly?
Oct 24This Almonty Industries Inc. (TSE:AII) Analyst Is Way More Bearish Than They Used To Be
Aug 20News Flash: Analysts Just Made An Incredible Upgrade To Their Almonty Industries Inc. (TSE:AII) Forecasts
May 14Almonty Industries Inc.'s (TSE:AII) Profit Outlook
Mar 22The Almonty Industries (TSE:AII) Share Price Has Gained 189%, So Why Not Pay It Some Attention?
Feb 15Do Insiders Own Lots Of Shares In Almonty Industries Inc. (TSE:AII)?
Jan 20Read This Before Selling Almonty Industries Inc. (TSE:AII) Shares
Dec 30Would Almonty Industries (TSE:AII) Be Better Off With Less Debt?
Dec 09Almonty Industries Inc. (TSE:AII): Are Analysts Optimistic?
Nov 19Financial Position Analysis
Short Term Liabilities: AII's short term assets (CA$36.2M) do not cover its short term liabilities (CA$66.7M).
Long Term Liabilities: AII's short term assets (CA$36.2M) do not cover its long term liabilities (CA$120.1M).
Debt to Equity History and Analysis
Debt Level: AII's net debt to equity ratio (222.5%) is considered high.
Reducing Debt: AII's debt to equity ratio has increased from 104.8% to 267.9% 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: AII has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if AII has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.