Altur Balance Sheet Health
Financial Health criteria checks 3/6
Altur has a total shareholder equity of RON63.6M and total debt of RON28.9M, which brings its debt-to-equity ratio to 45.5%. Its total assets and total liabilities are RON110.0M and RON46.4M respectively. Altur's EBIT is RON4.4M making its interest coverage ratio 1.7. It has cash and short-term investments of RON1.6M.
Key information
45.5%
Debt to equity ratio
RON28.92m
Debt
| Interest coverage ratio | 1.7x |
| Cash | RON1.57m |
| Equity | RON63.61m |
| Total liabilities | RON46.40m |
| Total assets | RON110.01m |
Recent financial health updates
Is Altur (BVB:ALT) Using Too Much Debt?
Jul 04
Does 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 25
Financial Position Analysis
Short Term Liabilities: ALT's short term assets (RON49.9M) exceed its short term liabilities (RON30.0M).
Long Term Liabilities: ALT's short term assets (RON49.9M) exceed its long term liabilities (RON16.4M).
Debt to Equity History and Analysis
Debt Level: ALT's net debt to equity ratio (43%) is considered high.
Reducing Debt: ALT's debt to equity ratio has reduced from 53.9% to 45.5% over the past 5 years.
Debt Coverage: ALT's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: ALT's interest payments on its debt are not well covered by EBIT (1.7x coverage).