Alteo Balance Sheet Health
Financial Health criteria checks 6/6
Alteo has a total shareholder equity of MUR18.9B and total debt of MUR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MUR23.4B and MUR4.5B respectively. Alteo's EBIT is MUR885.5M making its interest coverage ratio 9.2. It has cash and short-term investments of MUR569.4M.
Key information
0%
Debt to equity ratio
MU₨0
Debt
Interest coverage ratio | 9.2x |
Cash | MU₨569.36m |
Equity | MU₨18.87b |
Total liabilities | MU₨4.52b |
Total assets | MU₨23.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALTG.N0000's short term assets (MUR4.8B) exceed its short term liabilities (MUR2.0B).
Long Term Liabilities: ALTG.N0000's short term assets (MUR4.8B) exceed its long term liabilities (MUR2.5B).
Debt to Equity History and Analysis
Debt Level: ALTG.N0000 is debt free.
Reducing Debt: ALTG.N0000 had no debt 5 years ago.
Debt Coverage: ALTG.N0000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ALTG.N0000 has no debt, therefore coverage of interest payments is not a concern.