Altern Energy Balance Sheet Health
Financial Health criteria checks 5/6
Altern Energy has a total shareholder equity of PKR28.4B and total debt of PKR2.5B, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are PKR37.2B and PKR8.8B respectively. Altern Energy's EBIT is PKR6.2B making its interest coverage ratio -6.9. It has cash and short-term investments of PKR9.1B.
Key information
8.8%
Debt to equity ratio
PK₨2.50b
Debt
| Interest coverage ratio | -6.9x |
| Cash | PK₨9.11b |
| Equity | PK₨28.45b |
| Total liabilities | PK₨8.79b |
| Total assets | PK₨37.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALTN's short term assets (PKR27.1B) exceed its short term liabilities (PKR7.8B).
Long Term Liabilities: ALTN's short term assets (PKR27.1B) exceed its long term liabilities (PKR970.7M).
Debt to Equity History and Analysis
Debt Level: ALTN has more cash than its total debt.
Reducing Debt: ALTN's debt to equity ratio has increased from 4.9% to 8.8% over the past 5 years.
Debt Coverage: ALTN's debt is well covered by operating cash flow (160.2%).
Interest Coverage: ALTN earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 13:32 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Altern Energy Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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