AltynGold Balance Sheet Health
Financial Health criteria checks 6/6
AltynGold has a total shareholder equity of $109.2M and total debt of $49.0M, which brings its debt-to-equity ratio to 44.8%. Its total assets and total liabilities are $184.9M and $75.7M respectively. AltynGold's EBIT is $64.5M making its interest coverage ratio 14. It has cash and short-term investments of $15.0M.
Key information
44.83%
Debt to equity ratio
US$48.97m
Debt
| Interest coverage ratio | 14x |
| Cash | US$14.96m |
| Equity | US$109.23m |
| Total liabilities | US$75.69m |
| Total assets | US$184.92m |
Recent financial health updates
AltynGold (LON:ALTN) Seems To Use Debt Quite Sensibly
Jun 14
These 4 Measures Indicate That AltynGold (LON:ALTN) Is Using Debt Extensively
Oct 24These 4 Measures Indicate That AltynGold (LON:ALTN) Is Using Debt Extensively
Nov 11AltynGold (LON:ALTN) Takes On Some Risk With Its Use Of Debt
Dec 17Recent updates
Market Might Still Lack Some Conviction On AltynGold plc (LON:ALTN) Even After 27% Share Price Boost
Oct 15AltynGold plc (LON:ALTN) Stock Catapults 28% Though Its Price And Business Still Lag The Market
Aug 31AltynGold (LON:ALTN) Could Become A Multi-Bagger
Jul 19Improved Earnings Required Before AltynGold plc (LON:ALTN) Stock's 26% Jump Looks Justified
Jun 27AltynGold (LON:ALTN) Seems To Use Debt Quite Sensibly
Jun 14There's No Escaping AltynGold plc's (LON:ALTN) Muted Earnings Despite A 27% Share Price Rise
May 07Returns on Capital Paint A Bright Future For AltynGold (LON:ALTN)
Mar 18AltynGold (LON:ALTN) Knows How To Allocate Capital Effectively
Nov 30These 4 Measures Indicate That AltynGold (LON:ALTN) Is Using Debt Extensively
Oct 24Market Might Still Lack Some Conviction On AltynGold plc (LON:ALTN) Even After 27% Share Price Boost
Sep 10Further Upside For AltynGold plc (LON:ALTN) Shares Could Introduce Price Risks After 40% Bounce
Jul 18We Like These Underlying Return On Capital Trends At AltynGold (LON:ALTN)
Jun 20AltynGold plc (LON:ALTN) Soars 38% But It's A Story Of Risk Vs Reward
Apr 28AltynGold (LON:ALTN) Is Doing The Right Things To Multiply Its Share Price
Mar 07AltynGold (LON:ALTN) Is Doing The Right Things To Multiply Its Share Price
Dec 07AltynGold (LON:ALTN) Could Become A Multi-Bagger
Aug 01Estimating The Intrinsic Value Of AltynGold plc (LON:ALTN)
Jun 17Here's Why We Think AltynGold (LON:ALTN) Might Deserve Your Attention Today
Mar 18AltynGold plc's (LON:ALTN) Share Price Boosted 85% But Its Business Prospects Need A Lift Too
Jan 27Why We Like The Returns At AltynGold (LON:ALTN)
Jan 05These 4 Measures Indicate That AltynGold (LON:ALTN) Is Using Debt Extensively
Nov 11Returns On Capital Are A Standout For AltynGold (LON:ALTN)
Sep 28Returns on Capital Paint A Bright Future For AltynGold (LON:ALTN)
Jun 14Investors Shouldn't Overlook AltynGold's (LON:ALTN) Impressive Returns On Capital
Nov 06AltynGold's (LON:ALTN) Promising Earnings May Rest On Soft Foundations
Sep 15There's Been No Shortage Of Growth Recently For AltynGold's (LON:ALTN) Returns On Capital
May 17Do Its Financials Have Any Role To Play In Driving AltynGold plc's (LON:ALTN) Stock Up Recently?
Mar 17What Do The Returns At AltynGold (LON:ALTN) Mean Going Forward?
Feb 02
AltynGold (LON:ALTN) Takes On Some Risk With Its Use Of Debt
Dec 17Financial Position Analysis
Short Term Liabilities: ALTN's short term assets ($74.9M) exceed its short term liabilities ($35.5M).
Long Term Liabilities: ALTN's short term assets ($74.9M) exceed its long term liabilities ($40.2M).
Debt to Equity History and Analysis
Debt Level: ALTN's net debt to equity ratio (31.1%) is considered satisfactory.
Reducing Debt: ALTN's debt to equity ratio has reduced from 89.9% to 44.8% over the past 5 years.
Debt Coverage: ALTN's debt is well covered by operating cash flow (111.9%).
Interest Coverage: ALTN's interest payments on its debt are well covered by EBIT (14x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/03 17:14 |
| End of Day Share Price | 2025/10/31 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
AltynGold plc is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Colin Smith | Capital Access Group |
| Tom Hayes | Edison Investment Research |
| Mariyam Zhumadil | JSC Halyk Finance |