Altri SGPS Balance Sheet Health
Financial Health criteria checks 2/6
Altri SGPS has a total shareholder equity of €422.8M and total debt of €538.9M, which brings its debt-to-equity ratio to 127.5%. Its total assets and total liabilities are €1.3B and €833.4M respectively. Altri SGPS's EBIT is €46.1M making its interest coverage ratio 1.8. It has cash and short-term investments of €194.0M.
Key information
127.5%
Debt to equity ratio
€538.90m
Debt
Interest coverage ratio | 1.8x |
Cash | €194.00m |
Equity | €422.80m |
Total liabilities | €833.40m |
Total assets | €1.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALTRU's short term assets (€445.9M) exceed its short term liabilities (€205.6M).
Long Term Liabilities: ALTRU's short term assets (€445.9M) do not cover its long term liabilities (€627.8M).
Debt to Equity History and Analysis
Debt Level: ALTRU's net debt to equity ratio (81.6%) is considered high.
Reducing Debt: ALTRU's debt to equity ratio has reduced from 128.9% to 127.5% over the past 5 years.
Debt Coverage: ALTRU's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: ALTRU's interest payments on its debt are not well covered by EBIT (1.8x coverage).