Altus Group Balance Sheet Health
Financial Health criteria checks 2/6
Altus Group has a total shareholder equity of CA$602.5M and total debt of CA$307.5M, which brings its debt-to-equity ratio to 51%. Its total assets and total liabilities are CA$1.2B and CA$612.2M respectively. Altus Group's EBIT is CA$62.5M making its interest coverage ratio 2.5. It has cash and short-term investments of CA$41.9M.
Key information
51.0%
Debt to equity ratio
CA$307.45m
Debt
| Interest coverage ratio | 2.5x |
| Cash | CA$41.89m |
| Equity | CA$602.54m |
| Total liabilities | CA$612.16m |
| Total assets | CA$1.21b |
Recent financial health updates
Does Altus Group (TSE:AIF) Have A Healthy Balance Sheet?
Dec 15
Altus Group (TSE:AIF) Seems To Use Debt Quite Sensibly
Feb 13Is Altus Group (TSE:AIF) Using Too Much Debt?
Sep 18Here's Why Altus Group (TSE:AIF) Can Manage Its Debt Responsibly
May 31Recent updates
Is There An Opportunity With Altus Group Limited's (TSE:AIF) 49% Undervaluation?
Apr 17Calculating The Fair Value Of Altus Group Limited (TSE:AIF)
Jan 10Altus Group (TSE:AIF) Has Announced A Dividend Of CA$0.15
Dec 20Does Altus Group (TSE:AIF) Have A Healthy Balance Sheet?
Dec 15Altus Group (TSE:AIF) Is Paying Out A Dividend Of CA$0.15
Nov 15Altus Group (TSE:AIF) Has Affirmed Its Dividend Of CA$0.15
Aug 30Altus Group (TSE:AIF) Has Announced A Dividend Of CA$0.15
Aug 15At CA$45.26, Is It Time To Put Altus Group Limited (TSE:AIF) On Your Watch List?
Jun 22Altus Group (TSE:AIF) Has Announced A Dividend Of CA$0.15
Mar 24A Look At The Fair Value Of Altus Group Limited (TSE:AIF)
Mar 22Should You Investigate Altus Group Limited (TSE:AIF) At CA$58.84?
Mar 03Altus Group (TSE:AIF) Seems To Use Debt Quite Sensibly
Feb 13Altus Group (TSE:AIF) Is Due To Pay A Dividend Of CA$0.15
Dec 13Why Altus Group Limited (TSE:AIF) Could Be Worth Watching
Dec 02Altus Group (TSE:AIF) Has Affirmed Its Dividend Of CA$0.15
Sep 20Is Altus Group (TSE:AIF) Using Too Much Debt?
Sep 18Is There Now An Opportunity In Altus Group Limited (TSE:AIF)?
Sep 02Is There An Opportunity With Altus Group Limited's (TSE:AIF) 34% Undervaluation?
Aug 12Here's Why Altus Group (TSE:AIF) Can Manage Its Debt Responsibly
May 31Altus Group Limited's (TSE:AIF) Intrinsic Value Is Potentially 72% Above Its Share Price
Apr 20Altus Group (TSE:AIF) Has Affirmed Its Dividend Of CA$0.15
Mar 21Is It Too Late To Consider Buying Altus Group Limited (TSE:AIF)?
Feb 04Financial Position Analysis
Short Term Liabilities: AIF's short term assets (CA$302.6M) exceed its short term liabilities (CA$218.3M).
Long Term Liabilities: AIF's short term assets (CA$302.6M) do not cover its long term liabilities (CA$393.9M).
Debt to Equity History and Analysis
Debt Level: AIF's net debt to equity ratio (44.1%) is considered high.
Reducing Debt: AIF's debt to equity ratio has increased from 36% to 51% over the past 5 years.
Debt Coverage: AIF's debt is well covered by operating cash flow (23.2%).
Interest Coverage: AIF's interest payments on its debt are not well covered by EBIT (2.5x coverage).