Alumindo Light Metal Industry Balance Sheet Health
Financial Health criteria checks 2/6
Alumindo Light Metal Industry has a total shareholder equity of $22.9M and total debt of $32.4M, which brings its debt-to-equity ratio to 141.9%. Its total assets and total liabilities are $57.3M and $34.4M respectively.
Key information
141.9%
Debt to equity ratio
US$32.45m
Debt
Interest coverage ratio | n/a |
Cash | US$507.78k |
Equity | US$22.87m |
Total liabilities | US$34.41m |
Total assets | US$57.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALMI's short term assets ($29.9M) do not cover its short term liabilities ($34.4M).
Long Term Liabilities: ALMI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ALMI's net debt to equity ratio (139.6%) is considered high.
Reducing Debt: ALMI's debt to equity ratio has reduced from 440% to 141.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ALMI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ALMI has less than a year of cash runway if free cash flow continues to grow at historical rates of 24.9% each year.