Almonty Industries Balance Sheet Health
Financial Health criteria checks 1/6
Almonty Industries has a total shareholder equity of CA$48.5M and total debt of CA$130.0M, which brings its debt-to-equity ratio to 267.9%. Its total assets and total liabilities are CA$235.3M and CA$186.8M respectively.
Key information
267.9%
Debt to equity ratio
CA$129.95m
Debt
Interest coverage ratio | n/a |
Cash | CA$22.02m |
Equity | CA$48.51m |
Total liabilities | CA$186.83m |
Total assets | CA$235.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALMT.F's short term assets (CA$36.2M) do not cover its short term liabilities (CA$66.7M).
Long Term Liabilities: ALMT.F's short term assets (CA$36.2M) do not cover its long term liabilities (CA$120.1M).
Debt to Equity History and Analysis
Debt Level: ALMT.F's net debt to equity ratio (222.5%) is considered high.
Reducing Debt: ALMT.F's debt to equity ratio has increased from 104.8% to 267.9% 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: ALMT.F has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if ALMT.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.