Altamir Balance Sheet Health
Financial Health criteria checks 2/6
Altamir has a total shareholder equity of €1.3B and total debt of €213.9M, which brings its debt-to-equity ratio to 16.5%. Its total assets and total liabilities are €1.7B and €429.0M respectively. Altamir's EBIT is €63.0M making its interest coverage ratio 17.8. It has cash and short-term investments of €34.3M.
Key information
16.5%
Debt to equity ratio
€213.90m
Debt
| Interest coverage ratio | 17.8x |
| Cash | €34.30m |
| Equity | €1.30b |
| Total liabilities | €429.00m |
| Total assets | €1.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AJY's short term assets (€63.3M) do not cover its short term liabilities (€253.4M).
Long Term Liabilities: AJY's short term assets (€63.3M) do not cover its long term liabilities (€175.6M).
Debt to Equity History and Analysis
Debt Level: AJY's net debt to equity ratio (13.8%) is considered satisfactory.
Reducing Debt: AJY's debt to equity ratio has increased from 16.3% to 16.5% over the past 5 years.
Debt Coverage: AJY's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AJY's interest payments on its debt are well covered by EBIT (17.8x coverage).