This company has been acquired
Altus Strategies Financial Health
Financial Health criteria checks 1/6
Key information
64.8%
Debt to equity ratio
UK£19.35m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£3.20m |
| Equity | UK£29.85m |
| Total liabilities | UK£20.47m |
| Total assets | UK£50.32m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALTS's short term assets (£3.7M) do not cover its short term liabilities (£20.4M).
Long Term Liabilities: ALTS's short term assets (£3.7M) exceed its long term liabilities (£65.0K).
Debt to Equity History and Analysis
Debt Level: ALTS's net debt to equity ratio (54.1%) is considered high.
Reducing Debt: Insufficient data to determine if ALTS's debt to equity ratio has reduced 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: ALTS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ALTS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 56.3% each year