Alithya Group Balance Sheet Health
Financial Health criteria checks 4/6
Alithya Group has a total shareholder equity of CA$173.8M and total debt of CA$109.0M, which brings its debt-to-equity ratio to 62.7%. Its total assets and total liabilities are CA$395.3M and CA$221.5M respectively. Alithya Group's EBIT is CA$8.1M making its interest coverage ratio 0.9. It has cash and short-term investments of CA$12.4M.
Key information
62.7%
Debt to equity ratio
CA$108.97m
Debt
| Interest coverage ratio | 0.9x |
| Cash | CA$12.43m |
| Equity | CA$173.80m |
| Total liabilities | CA$221.51m |
| Total assets | CA$395.31m |
Recent financial health updates
Alithya Group (TSE:ALYA) Is Making Moderate Use Of Debt
Feb 17
Is Alithya Group (TSE:ALYA) Using Too Much Debt?
Sep 22Alithya Group (TSE:ALYA) Is Making Moderate Use Of Debt
Aug 25Alithya Group (TSE:ALYA) Is Carrying A Fair Bit Of Debt
May 19Recent updates
Alithya Group (TSE:ALYA) Is Making Moderate Use Of Debt
Feb 17It's Down 30% But Alithya Group Inc. (TSE:ALYA) Could Be Riskier Than It Looks
Nov 15Is Alithya Group (TSE:ALYA) Using Too Much Debt?
Sep 22Alithya Group (TSE:ALYA) Is Making Moderate Use Of Debt
Aug 25Alithya Group (TSE:ALYA) Is Carrying A Fair Bit Of Debt
May 19Market Sentiment Around Loss-Making Alithya Group Inc. (TSE:ALYA)
Apr 28Financial Position Analysis
Short Term Liabilities: ALYA's short term assets (CA$136.2M) exceed its short term liabilities (CA$98.3M).
Long Term Liabilities: ALYA's short term assets (CA$136.2M) exceed its long term liabilities (CA$123.2M).
Debt to Equity History and Analysis
Debt Level: ALYA's net debt to equity ratio (55.5%) is considered high.
Reducing Debt: ALYA's debt to equity ratio has increased from 19.5% to 62.7% 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: Whilst unprofitable ALYA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ALYA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 51.9% per year.