Alta Global Group Balance Sheet Health
Financial Health criteria checks 5/6
Alta Global Group has a total shareholder equity of A$5.2M and total debt of A$765.0K, which brings its debt-to-equity ratio to 14.6%. Its total assets and total liabilities are A$11.0M and A$5.8M respectively.
Key information
14.6%
Debt to equity ratio
AU$765.00k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$98.79k |
| Equity | AU$5.22m |
| Total liabilities | AU$5.80m |
| Total assets | AU$11.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MMA's short term assets (A$9.5M) exceed its short term liabilities (A$5.6M).
Long Term Liabilities: MMA's short term assets (A$9.5M) exceed its long term liabilities (A$233.7K).
Debt to Equity History and Analysis
Debt Level: MMA's net debt to equity ratio (12.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MMA's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MMA has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MMA is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.