Altur Balance Sheet Health
Financial Health criteria checks 4/6
Altur has a total shareholder equity of RON62.4M and total debt of RON28.3M, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are RON115.4M and RON53.0M respectively. Altur's EBIT is RON6.8M making its interest coverage ratio 2.5. It has cash and short-term investments of RON4.0M.
Key information
45.3%
Debt to equity ratio
RON28.27m
Debt
Interest coverage ratio | 2.5x |
Cash | RON3.95m |
Equity | RON62.39m |
Total liabilities | RON52.99m |
Total assets | RON115.37m |
Recent financial health updates
Is Altur (BVB:ALT) Using Too Much Debt?
Jul 04Does Altur (BVB:ALT) Have A Healthy Balance Sheet?
Mar 17Is Altur (BVB:ALT) A Risky Investment?
Jul 20Is Altur (BVB:ALT) Using Debt Sensibly?
Mar 02Is Altur (BVB:ALT) Using Debt In A Risky Way?
Nov 09Health Check: How Prudently Does Altur (BVB:ALT) Use Debt?
Apr 09Recent updates
Altur S.A. (BVB:ALT) Soars 25% But It's A Story Of Risk Vs Reward
Mar 02Altur (BVB:ALT) Is Doing The Right Things To Multiply Its Share Price
Mar 01Altur (BVB:ALT) Shareholders Will Want The ROCE Trajectory To Continue
Aug 31Is Altur (BVB:ALT) Using Too Much Debt?
Jul 04Does Altur (BVB:ALT) Have A Healthy Balance Sheet?
Mar 17Altur (BVB:ALT) Is Looking To Continue Growing Its Returns On Capital
Jan 05Is Altur (BVB:ALT) A Risky Investment?
Jul 20Is Altur (BVB:ALT) Using Debt Sensibly?
Mar 02Is Altur (BVB:ALT) Using Debt In A Risky Way?
Nov 09Health Check: How Prudently Does Altur (BVB:ALT) Use Debt?
Apr 09Is Altur (BVB:ALT) Using Too Much Debt?
Dec 25Financial Position Analysis
Short Term Liabilities: ALT's short term assets (RON54.2M) exceed its short term liabilities (RON39.0M).
Long Term Liabilities: ALT's short term assets (RON54.2M) exceed its long term liabilities (RON13.9M).
Debt to Equity History and Analysis
Debt Level: ALT's net debt to equity ratio (39%) is considered satisfactory.
Reducing Debt: ALT's debt to equity ratio has reduced from 52.9% to 45.3% over the past 5 years.
Debt Coverage: ALT's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: ALT's interest payments on its debt are not well covered by EBIT (2.5x coverage).