Altius Minerals Corporation

TSX:ALS Stock Report

Market Cap: CA$1.2b

Altius Minerals Balance Sheet Health

Financial Health criteria checks 4/6

Altius Minerals has a total shareholder equity of CA$581.3M and total debt of CA$105.3M, which brings its debt-to-equity ratio to 18.1%. Its total assets and total liabilities are CA$719.1M and CA$137.7M respectively. Altius Minerals's EBIT is CA$27.1M making its interest coverage ratio 2.9. It has cash and short-term investments of CA$12.1M.

Key information

18.12%

Debt to equity ratio

CA$105.31m

Debt

Interest coverage ratio2.9x
CashCA$12.08m
EquityCA$581.33m
Total liabilitiesCA$137.74m
Total assetsCA$719.07m

Recent financial health updates

Altius Minerals (TSE:ALS) Seems To Use Debt Rather Sparingly

Oct 01
Altius Minerals (TSE:ALS) Seems To Use Debt Rather Sparingly

Altius Minerals (TSE:ALS) Has A Rock Solid Balance Sheet

Apr 15
Altius Minerals (TSE:ALS) Has A Rock Solid Balance Sheet

Recent updates

Altius Minerals' (TSE:ALS) Soft Earnings Don't Show The Whole Picture

Mar 21
Altius Minerals' (TSE:ALS) Soft Earnings Don't Show The Whole Picture

Altius Minerals Corporation's (TSE:ALS) Shares Climb 25% But Its Business Is Yet to Catch Up

Mar 16
Altius Minerals Corporation's (TSE:ALS) Shares Climb 25% But Its Business Is Yet to Catch Up

Altius Minerals (TSE:ALS) Will Pay A Dividend Of CA$0.08

Mar 15
Altius Minerals (TSE:ALS) Will Pay A Dividend Of CA$0.08

Altius Minerals (TSE:ALS) Is Due To Pay A Dividend Of CA$0.08

Aug 20
Altius Minerals (TSE:ALS) Is Due To Pay A Dividend Of CA$0.08

Altius Minerals (TSE:ALS) Will Pay A Dividend Of CA$0.08

Jun 10
Altius Minerals (TSE:ALS) Will Pay A Dividend Of CA$0.08

Altius Minerals (TSE:ALS) Is Paying Out A Dividend Of CA$0.08

May 27
Altius Minerals (TSE:ALS) Is Paying Out A Dividend Of CA$0.08

Altius Minerals (TSE:ALS) Has Affirmed Its Dividend Of CA$0.08

May 13
Altius Minerals (TSE:ALS) Has Affirmed Its Dividend Of CA$0.08

Altius Minerals Corporation (TSE:ALS) Analysts Are Reducing Their Forecasts For Next Year

Jan 26
Altius Minerals Corporation (TSE:ALS) Analysts Are Reducing Their Forecasts For Next Year

Altius Minerals (TSE:ALS) Is Paying Out A Dividend Of CA$0.08

Nov 17
Altius Minerals (TSE:ALS) Is Paying Out A Dividend Of CA$0.08

Altius Minerals (TSE:ALS) Seems To Use Debt Rather Sparingly

Oct 01
Altius Minerals (TSE:ALS) Seems To Use Debt Rather Sparingly

Are Altius Minerals Corporation (TSE:ALS) Investors Paying Above The Intrinsic Value?

Jul 07
Are Altius Minerals Corporation (TSE:ALS) Investors Paying Above The Intrinsic Value?

Analysts Just Made A Significant Upgrade To Their Altius Minerals Corporation (TSE:ALS) Forecasts

Apr 20
Analysts Just Made A Significant Upgrade To Their Altius Minerals Corporation (TSE:ALS) Forecasts

Altius Minerals (TSE:ALS) Has A Rock Solid Balance Sheet

Apr 15
Altius Minerals (TSE:ALS) Has A Rock Solid Balance Sheet

Financial Position Analysis

Short Term Liabilities: ALS's short term assets (CA$25.5M) exceed its short term liabilities (CA$8.8M).

Long Term Liabilities: ALS's short term assets (CA$25.5M) do not cover its long term liabilities (CA$129.0M).

Debt to Equity History and Analysis

Debt Level: ALS's net debt to equity ratio (16%) is considered satisfactory.

Reducing Debt: ALS's debt to equity ratio has reduced from 43.2% to 18.1% over the past 5 years.

Debt Coverage: ALS's debt is well covered by operating cash flow (25.3%).

Interest Coverage: ALS's interest payments on its debt are not well covered by EBIT (2.9x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/07 10:23
End of Day Share Price 2025/07/07 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Altius Minerals Corporation is covered by 14 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rene CartierBMO Capital Markets Equity Research
Alexander Robert PearceBMO Capital Markets Equity Research
Carey MacRuryCanaccord Genuity