Altheora Balance Sheet Health
Financial Health criteria checks 5/6
Altheora has a total shareholder equity of €12.2M and total debt of €15.4M, which brings its debt-to-equity ratio to 126.2%. Its total assets and total liabilities are €37.8M and €25.7M respectively.
Key information
126.2%
Debt to equity ratio
€15.37m
Debt
| Interest coverage ratio | n/a |
| Cash | €3.76m |
| Equity | €12.18m |
| Total liabilities | €25.66m |
| Total assets | €37.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7Q3's short term assets (€15.9M) exceed its short term liabilities (€12.0M).
Long Term Liabilities: 7Q3's short term assets (€15.9M) exceed its long term liabilities (€13.7M).
Debt to Equity History and Analysis
Debt Level: 7Q3's net debt to equity ratio (95.3%) is considered high.
Reducing Debt: 7Q3's debt to equity ratio has reduced from 274.6% to 126.2% 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 7Q3 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 7Q3 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 29.4% per year.