Altius Minerals Financial Health

How is Altius Minerals's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

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).


Balance Sheet


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