Alumindo Light Metal Industry Balance Sheet Health
Financial Health criteria checks 4/6
Alumindo Light Metal Industry has a total shareholder equity of $17.8M and total debt of $19.7M, which brings its debt-to-equity ratio to 110.9%. Its total assets and total liabilities are $38.5M and $20.7M respectively.
Key information
110.9%
Debt to equity ratio
US$19.74m
Debt
| Interest coverage ratio | n/a |
| Cash | US$30.86k |
| Equity | US$17.80m |
| Total liabilities | US$20.75m |
| Total assets | US$38.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALMI's short term assets ($12.3M) do not cover its short term liabilities ($20.7M).
Long Term Liabilities: ALMI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ALMI's net debt to equity ratio (110.7%) is considered high.
Reducing Debt: ALMI's debt to equity ratio has reduced from 926.5% to 110.9% 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: Whilst unprofitable ALMI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ALMI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 9.1% per year.