Almonty Industries Balance Sheet Health
Financial Health criteria checks 0/6
Almonty Industries has a total shareholder equity of CA$50.3M and total debt of CA$132.7M, which brings its debt-to-equity ratio to 263.9%. Its total assets and total liabilities are CA$231.2M and CA$180.9M respectively.
Key information
263.9%
Debt to equity ratio
CA$132.68m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$7.64m |
| Equity | CA$50.27m |
| Total liabilities | CA$180.90m |
| Total assets | CA$231.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALI's short term assets (CA$20.7M) do not cover its short term liabilities (CA$26.8M).
Long Term Liabilities: ALI's short term assets (CA$20.7M) do not cover its long term liabilities (CA$154.1M).
Debt to Equity History and Analysis
Debt Level: ALI's net debt to equity ratio (248.7%) is considered high.
Reducing Debt: ALI's debt to equity ratio has increased from 85.6% to 263.9% 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: ALI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ALI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 42.4% each year