Altiplano Metals Balance Sheet Health
Financial Health criteria checks 2/6
Altiplano Metals has a total shareholder equity of CA$1.9M and total debt of CA$992.5K, which brings its debt-to-equity ratio to 51.3%. Its total assets and total liabilities are CA$5.4M and CA$3.5M respectively. Altiplano Metals's EBIT is CA$1.3M making its interest coverage ratio -1015.2. It has cash and short-term investments of CA$25.1K.
Key information
51.3%
Debt to equity ratio
CA$992.51k
Debt
| Interest coverage ratio | -1015.2x |
| Cash | CA$25.13k |
| Equity | CA$1.94m |
| Total liabilities | CA$3.47m |
| Total assets | CA$5.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALTP.F's short term assets (CA$158.0K) do not cover its short term liabilities (CA$2.9M).
Long Term Liabilities: ALTP.F's short term assets (CA$158.0K) do not cover its long term liabilities (CA$569.3K).
Debt to Equity History and Analysis
Debt Level: ALTP.F's net debt to equity ratio (50%) is considered high.
Reducing Debt: ALTP.F's debt to equity ratio has increased from 0% to 51.3% 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: ALTP.F has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ALTP.F is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.