Altheora Balance Sheet Health
Financial Health criteria checks 4/6
Altheora has a total shareholder equity of €12.2M and total debt of €15.4M, which brings its debt-to-equity ratio to 126.2%. Its total assets and total liabilities are €37.8M and €25.7M respectively.
Key information
126.2%
Debt to equity ratio
€15.37m
Debt
| Interest coverage ratio | n/a |
| Cash | €3.76m |
| Equity | €12.18m |
| Total liabilities | €25.66m |
| Total assets | €37.84m |
Recent financial health updates
Is Altheora (EPA:ALORA) A Risky Investment?
Dec 02
Is Altheora (EPA:ALORA) A Risky Investment?
Apr 27Altheora (EPA:ALORA) Is Carrying A Fair Bit Of Debt
Jun 01Here's Why Mecelec Composites (EPA:ALMEC) Has A Meaningful Debt Burden
Apr 29Recent updates
Take Care Before Jumping Onto Altheora SA (EPA:ALORA) Even Though It's 26% Cheaper
Feb 02A Piece Of The Puzzle Missing From Altheora SA's (EPA:ALORA) 41% Share Price Climb
Dec 18Is Altheora (EPA:ALORA) A Risky Investment?
Dec 02Is Altheora (EPA:ALORA) A Risky Investment?
Apr 27Altheora (EPA:ALORA) Is Carrying A Fair Bit Of Debt
Jun 01The Return Trends At Altheora (EPA:ALORA) Look Promising
Jan 27Need To Know: One Analyst Is Much More Bullish On Altheora SA (EPA:ALORA) Revenues
Aug 07Here's Why Mecelec Composites (EPA:ALMEC) Has A Meaningful Debt Burden
Apr 29Returns On Capital - An Important Metric For Mecelec Composites (EPA:ALMEC)
Mar 03Is Mecelec Composites (EPA:ALMEC) A Future Multi-bagger?
Nov 18
Financial Position Analysis
Short Term Liabilities: ALORA's short term assets (€15.9M) exceed its short term liabilities (€4.8M).
Long Term Liabilities: ALORA's short term assets (€15.9M) do not cover its long term liabilities (€20.8M).
Debt to Equity History and Analysis
Debt Level: ALORA's net debt to equity ratio (95.3%) is considered high.
Reducing Debt: ALORA's debt to equity ratio has reduced from 274.6% to 126.2% 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: Whilst unprofitable ALORA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ALORA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 25.5% per year.