Almonty Industries Balance Sheet Health
Financial Health criteria checks 1/6
Almonty Industries has a total shareholder equity of CA$55.0M and total debt of CA$128.5M, which brings its debt-to-equity ratio to 233.6%. Its total assets and total liabilities are CA$233.6M and CA$178.6M respectively.
Key information
233.6%
Debt to equity ratio
CA$128.47m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$16.54m |
| Equity | CA$55.00m |
| Total liabilities | CA$178.64m |
| Total assets | CA$233.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALI's short term assets (CA$28.6M) do not cover its short term liabilities (CA$49.1M).
Long Term Liabilities: ALI's short term assets (CA$28.6M) do not cover its long term liabilities (CA$129.5M).
Debt to Equity History and Analysis
Debt Level: ALI's net debt to equity ratio (203.5%) is considered high.
Reducing Debt: ALI's debt to equity ratio has increased from 95.6% to 233.6% 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 sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if ALI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.