Altitude Group Balance Sheet Health
Financial Health criteria checks 6/6
Altitude Group has a total shareholder equity of £10.7M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £14.5M and £3.8M respectively. Altitude Group's EBIT is £374.0K making its interest coverage ratio 4.5. It has cash and short-term investments of £1.2M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 4.5x |
| Cash | UK£1.22m |
| Equity | UK£10.66m |
| Total liabilities | UK£3.83m |
| Total assets | UK£14.50m |
Recent financial health updates
Recent updates
Shareholders May Not Be So Generous With Altitude Group plc's (LON:ALT) CEO Compensation And Here's Why
Sep 16
More Unpleasant Surprises Could Be In Store For Altitude Group plc's (LON:ALT) Shares After Tumbling 27%
Aug 23Why Altitude Group plc (LON:ALT) Could Be Worth Watching
Jun 20We Ran A Stock Scan For Earnings Growth And Altitude Group (LON:ALT) Passed With Ease
May 22There's Been No Shortage Of Growth Recently For Altitude Group's (LON:ALT) Returns On Capital
Jan 06We Ran A Stock Scan For Earnings Growth And Altitude Group (LON:ALT) Passed With Ease
Nov 24We Think Some Shareholders May Hesitate To Increase Altitude Group plc's (LON:ALT) CEO Compensation
Sep 08Here's Why We Think Altitude Group (LON:ALT) Might Deserve Your Attention Today
Aug 15At UK£0.43, Is It Time To Put Altitude Group plc (LON:ALT) On Your Watch List?
Apr 26Investors Could Be Concerned With Altitude Group's (LON:ALT) Returns On Capital
Mar 29Estimating The Intrinsic Value Of Altitude Group plc (LON:ALT)
Feb 15The Returns On Capital At Altitude Group (LON:ALT) Don't Inspire Confidence
Nov 23Capital Allocation Trends At Altitude Group (LON:ALT) Aren't Ideal
Jul 29When Should You Buy Altitude Group plc (LON:ALT)?
Apr 20Companies Like Altitude Group (LON:ALT) Can Afford To Invest In Growth
Sep 15Financial Position Analysis
Short Term Liabilities: ALT's short term assets (£7.3M) exceed its short term liabilities (£3.6M).
Long Term Liabilities: ALT's short term assets (£7.3M) exceed its long term liabilities (£191.0K).
Debt to Equity History and Analysis
Debt Level: ALT is debt free.
Reducing Debt: ALT had no debt 5 years ago.
Debt Coverage: ALT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ALT has no debt, therefore coverage of interest payments is not a concern.