Altus Group Balance Sheet Health
Financial Health criteria checks 3/6
Altus Group has a total shareholder equity of CA$609.1M and total debt of CA$327.5M, which brings its debt-to-equity ratio to 53.8%. Its total assets and total liabilities are CA$1.2B and CA$624.6M respectively. Altus Group's EBIT is CA$73.3M making its interest coverage ratio 3.2. It has cash and short-term investments of CA$44.3M.
Key information
53.8%
Debt to equity ratio
CA$327.48m
Debt
Interest coverage ratio | 3.2x |
Cash | CA$44.28m |
Equity | CA$609.14m |
Total liabilities | CA$624.61m |
Total assets | CA$1.23b |
Recent financial health updates
Does Altus Group (TSE:AIF) Have A Healthy Balance Sheet?
Dec 15Altus 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
Shareholders Should Be Pleased With Altus Group Limited's (TSE:AIF) Price
May 06Is 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 21Financial Position Analysis
Short Term Liabilities: AIF's short term assets (CA$311.8M) exceed its short term liabilities (CA$207.2M).
Long Term Liabilities: AIF's short term assets (CA$311.8M) do not cover its long term liabilities (CA$417.4M).
Debt to Equity History and Analysis
Debt Level: AIF's net debt to equity ratio (46.5%) is considered high.
Reducing Debt: AIF's debt to equity ratio has increased from 41% to 53.8% over the past 5 years.
Debt Coverage: AIF's debt is well covered by operating cash flow (30.4%).
Interest Coverage: AIF's interest payments on its debt are well covered by EBIT (3.2x coverage).