Altern Energy Balance Sheet Health
Financial Health criteria checks 6/6
Altern Energy has a total shareholder equity of PKR27.0B and total debt of PKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PKR32.0B and PKR5.0B respectively. Altern Energy's EBIT is PKR7.2B making its interest coverage ratio 118.3. It has cash and short-term investments of PKR4.6B.
Key information
0%
Debt to equity ratio
PK₨0
Debt
Interest coverage ratio | 118.3x |
Cash | PK₨4.56b |
Equity | PK₨26.97b |
Total liabilities | PK₨4.99b |
Total assets | PK₨31.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALTN's short term assets (PKR20.7B) exceed its short term liabilities (PKR4.0B).
Long Term Liabilities: ALTN's short term assets (PKR20.7B) exceed its long term liabilities (PKR1.0B).
Debt to Equity History and Analysis
Debt Level: ALTN is debt free.
Reducing Debt: ALTN has no debt compared to 5 years ago when its debt to equity ratio was 17.6%.
Debt Coverage: ALTN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ALTN has no debt, therefore coverage of interest payments is not a concern.