Altamir Balance Sheet Health

Financial Health criteria checks 2/6

Altamir has a total shareholder equity of €1.3B and total debt of €213.9M, which brings its debt-to-equity ratio to 16.5%. Its total assets and total liabilities are €1.7B and €429.0M respectively. Altamir's EBIT is €63.0M making its interest coverage ratio 17.8. It has cash and short-term investments of €34.3M.

Key information

16.5%

Debt to equity ratio

€213.90m

Debt

Interest coverage ratio17.8x
Cash€34.30m
Equity€1.30b
Total liabilities€429.00m
Total assets€1.73b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 0N5Z's short term assets (€63.3M) do not cover its short term liabilities (€253.4M).

Long Term Liabilities: 0N5Z's short term assets (€63.3M) do not cover its long term liabilities (€175.6M).


Debt to Equity History and Analysis

Debt Level: 0N5Z's net debt to equity ratio (13.8%) is considered satisfactory.

Reducing Debt: 0N5Z's debt to equity ratio has increased from 16.3% to 16.5% over the past 5 years.

Debt Coverage: 0N5Z's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 0N5Z's interest payments on its debt are well covered by EBIT (17.8x coverage).


Balance Sheet


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