Altech Batteries Balance Sheet Health
Financial Health criteria checks 4/6
Altech Batteries has a total shareholder equity of A$22.6M and total debt of A$9.4M, which brings its debt-to-equity ratio to 41.3%. Its total assets and total liabilities are A$38.1M and A$15.5M respectively.
Key information
41.3%
Debt to equity ratio
AU$9.35m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.12m |
| Equity | AU$22.64m |
| Total liabilities | AU$15.47m |
| Total assets | AU$38.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A3Y's short term assets (A$6.2M) exceed its short term liabilities (A$5.9M).
Long Term Liabilities: A3Y's short term assets (A$6.2M) do not cover its long term liabilities (A$9.6M).
Debt to Equity History and Analysis
Debt Level: A3Y's net debt to equity ratio (32%) is considered satisfactory.
Reducing Debt: A3Y's debt to equity ratio has increased from 0% to 41.3% 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: A3Y has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: A3Y is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.