Altitude International Holdings Balance Sheet Health
Financial Health criteria checks 0/6
Altitude International Holdings has a total shareholder equity of $23.1M and total debt of $70.6M, which brings its debt-to-equity ratio to 305.5%. Its total assets and total liabilities are $101.0M and $77.9M respectively.
Key information
305.5%
Debt to equity ratio
US$70.62m
Debt
Interest coverage ratio | n/a |
Cash | US$1.60m |
Equity | US$23.12m |
Total liabilities | US$77.90m |
Total assets | US$101.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALTD's short term assets ($3.5M) do not cover its short term liabilities ($15.0M).
Long Term Liabilities: ALTD's short term assets ($3.5M) do not cover its long term liabilities ($62.9M).
Debt to Equity History and Analysis
Debt Level: ALTD's net debt to equity ratio (298.6%) is considered high.
Reducing Debt: Insufficient data to determine if ALTD'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: Insufficient data to determine if ALTD has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ALTD has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.