Altech Advanced Materials Balance Sheet Health
Financial Health criteria checks 4/6
Altech Advanced Materials has a total shareholder equity of €7.9M and total debt of €3.7M, which brings its debt-to-equity ratio to 46.4%. Its total assets and total liabilities are €12.7M and €4.9M respectively.
Key information
46.4%
Debt to equity ratio
€3.65m
Debt
| Interest coverage ratio | n/a |
| Cash | €1.22m |
| Equity | €7.87m |
| Total liabilities | €4.88m |
| Total assets | €12.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMA's short term assets (€1.5M) exceed its short term liabilities (€354.8K).
Long Term Liabilities: AMA's short term assets (€1.5M) do not cover its long term liabilities (€4.5M).
Debt to Equity History and Analysis
Debt Level: AMA's net debt to equity ratio (30.9%) is considered satisfactory.
Reducing Debt: AMA's debt to equity ratio has increased from 14.4% to 46.4% 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: AMA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AMA is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.