Altech Advanced Materials Balance Sheet Health
Financial Health criteria checks 3/6
Altech Advanced Materials has a total shareholder equity of €5.0M and total debt of €3.7M, which brings its debt-to-equity ratio to 72.5%. Its total assets and total liabilities are €11.9M and €6.9M respectively.
Key information
72.5%
Debt to equity ratio
€3.65m
Debt
Interest coverage ratio | n/a |
Cash | €1.38m |
Equity | €5.04m |
Total liabilities | €6.89m |
Total assets | €11.93m |
Financial Position Analysis
Short Term Liabilities: AMA's short term assets (€1.5M) exceed its short term liabilities (€478.7K).
Long Term Liabilities: AMA's short term assets (€1.5M) do not cover its long term liabilities (€6.4M).
Debt to Equity History and Analysis
Debt Level: AMA's net debt to equity ratio (45.1%) is considered high.
Reducing Debt: AMA's debt to equity ratio has increased from 10.9% to 72.5% 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 has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 14.9% each year.