Alta Global Group Balance Sheet Health
Financial Health criteria checks 6/6
Alta Global Group has a total shareholder equity of A$2.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$5.3M and A$2.8M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.54m |
| Equity | AU$2.56m |
| Total liabilities | AU$2.76m |
| Total assets | AU$5.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MMA's short term assets (A$3.6M) exceed its short term liabilities (A$2.6M).
Long Term Liabilities: MMA's short term assets (A$3.6M) exceed its long term liabilities (A$186.3K).
Debt to Equity History and Analysis
Debt Level: MMA is debt free.
Reducing Debt: MMA had no debt 5 years ago.
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 4 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 4 months based on free cash flow estimates, but has since raised additional capital.