Altius Minerals Financial Health
How is Altius Minerals's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: ALS's short term assets (CA$122.6M) exceed its short term liabilities (CA$17.8M).
Long Term Liabilities: ALS's short term assets (CA$122.6M) do not cover its long term liabilities (CA$152.0M).
Debt to Equity History and Analysis
Debt Level: ALS's net debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: ALS's debt to equity ratio has increased from 21.1% to 21.6% over the past 5 years.
Debt Coverage: ALS's debt is well covered by operating cash flow (57.7%).
Interest Coverage: ALS's interest payments on its debt are well covered by EBIT (9.1x coverage).