Altri SGPS Balance Sheet Health
Financial Health criteria checks 4/6
Altri SGPS has a total shareholder equity of €415.0M and total debt of €528.7M, which brings its debt-to-equity ratio to 127.4%. Its total assets and total liabilities are €1.3B and €844.6M respectively. Altri SGPS's EBIT is €91.0M making its interest coverage ratio 4.7. It has cash and short-term investments of €199.1M.
Key information
127.4%
Debt to equity ratio
€528.70m
Debt
| Interest coverage ratio | 4.7x |
| Cash | €199.10m |
| Equity | €415.00m |
| Total liabilities | €844.60m |
| Total assets | €1.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALTRU's short term assets (€457.0M) exceed its short term liabilities (€232.4M).
Long Term Liabilities: ALTRU's short term assets (€457.0M) do not cover its long term liabilities (€612.2M).
Debt to Equity History and Analysis
Debt Level: ALTRU's net debt to equity ratio (79.4%) is considered high.
Reducing Debt: ALTRU's debt to equity ratio has reduced from 166.5% to 127.4% over the past 5 years.
Debt Coverage: ALTRU's debt is well covered by operating cash flow (23.3%).
Interest Coverage: ALTRU's interest payments on its debt are well covered by EBIT (4.7x coverage).