Alteo Balance Sheet Health
Financial Health criteria checks 6/6
Alteo has a total shareholder equity of MUR19.3B and total debt of MUR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MUR22.8B and MUR3.5B respectively. Alteo's EBIT is MUR904.2M making its interest coverage ratio 16.1. It has cash and short-term investments of MUR704.3M.
Key information
0%
Debt to equity ratio
MU₨0
Debt
| Interest coverage ratio | 16.1x |
| Cash | MU₨704.28m |
| Equity | MU₨19.26b |
| Total liabilities | MU₨3.50b |
| Total assets | MU₨22.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALTG.N0000's short term assets (MUR3.9B) exceed its short term liabilities (MUR1.4B).
Long Term Liabilities: ALTG.N0000's short term assets (MUR3.9B) exceed its long term liabilities (MUR2.1B).
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.