Alto Ingredients Balance Sheet Health
Financial Health criteria checks 5/6
Alto Ingredients has a total shareholder equity of $268.7M and total debt of $84.1M, which brings its debt-to-equity ratio to 31.3%. Its total assets and total liabilities are $434.6M and $166.0M respectively.
Key information
31.3%
Debt to equity ratio
US$84.07m
Debt
| Interest coverage ratio | n/a |
| Cash | US$29.31m |
| Equity | US$268.66m |
| Total liabilities | US$165.98m |
| Total assets | US$434.64m |
Recent financial health updates
Here's Why Alto Ingredients (NASDAQ:ALTO) Can Afford Some Debt
Jan 15
Is Alto Ingredients (NASDAQ:ALTO) A Risky Investment?
Sep 15We Think Alto Ingredients (NASDAQ:ALTO) Has A Fair Chunk Of Debt
Apr 10Is Alto Ingredients (NASDAQ:ALTO) A Risky Investment?
Dec 16Alto Ingredients (NASDAQ:ALTO) Seems To Use Debt Quite Sensibly
Aug 31We Think Alto Ingredients (NASDAQ:ALTO) Can Manage Its Debt With Ease
Mar 24Recent updates
Here's Why Alto Ingredients (NASDAQ:ALTO) Can Afford Some Debt
Jan 15Alto Ingredients, Inc. (NASDAQ:ALTO) Surges 25% Yet Its Low P/S Is No Reason For Excitement
Dec 20Is Alto Ingredients (NASDAQ:ALTO) A Risky Investment?
Sep 15We Think Alto Ingredients (NASDAQ:ALTO) Has A Fair Chunk Of Debt
Apr 10Is Alto Ingredients (NASDAQ:ALTO) A Risky Investment?
Dec 16Alto Ingredients: The Decline Has Created A Buying Opportunity
Oct 19Alto Ingredients gains on announcing $50M share repurchase program
Sep 12Alto Ingredients (NASDAQ:ALTO) Seems To Use Debt Quite Sensibly
Aug 31Alto Ingredients: Cheap For A Reason
Jul 31With EPS Growth And More, Alto Ingredients (NASDAQ:ALTO) Makes An Interesting Case
Jun 18The Market Doesn't Like What It Sees From Alto Ingredients, Inc.'s (NASDAQ:ALTO) Earnings Yet As Shares Tumble 27%
May 11Alto Ingredients: Its Customer-Centric Model May Push Up The Price
Apr 21We Think Alto Ingredients (NASDAQ:ALTO) Can Manage Its Debt With Ease
Mar 24Alto Ingredients Approaching Important Breakout
Jan 28Alto Ingredients: Bullish Into 2022 Turning Corn Into Gold
Nov 16Alto Ingredients' (NASDAQ:ALTO) Shareholders May Want To Dig Deeper Than Statutory Profit
Aug 17Alto Ingredients, Inc. Just Missed EPS By 25%: Here's What Analysts Think Will Happen Next
Aug 06Alto Ingredients: Undervalued, Over-Shorted, Still Transforming
Jul 28Alto Ingredients: The Future Is Bright After Specialty Alcohol Pivot
May 10Alto Ingredients offloads Madera facility for $28.3M
Apr 28Pacific Ethanol changes name to Alto Ingredients
Jan 13Buy Pacific Ethanol: Pivoting Into Post-Pandemic Growth
Dec 22Pacific Ethanol: Modeling FY 2021 EBITDA
Nov 24Pacific Ethanol EPS misses by $0.01, beats on revenue
Nov 09Pacific Ethanol: Buy The Dip
Oct 29Financial Position Analysis
Short Term Liabilities: ALTO's short term assets ($150.8M) exceed its short term liabilities ($55.1M).
Long Term Liabilities: ALTO's short term assets ($150.8M) exceed its long term liabilities ($110.9M).
Debt to Equity History and Analysis
Debt Level: ALTO's net debt to equity ratio (20.4%) is considered satisfactory.
Reducing Debt: ALTO's debt to equity ratio has reduced from 80.5% to 31.3% 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: ALTO has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ALTO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.