ALTA Balance Sheet Health
Financial Health criteria checks 5/6
ALTA has a total shareholder equity of ₫222.1B and total debt of ₫37.3B, which brings its debt-to-equity ratio to 16.8%. Its total assets and total liabilities are ₫333.5B and ₫111.4B respectively. ALTA's EBIT is ₫4.6B making its interest coverage ratio -1.3. It has cash and short-term investments of ₫79.7B.
Key information
16.8%
Debt to equity ratio
₫37.29b
Debt
| Interest coverage ratio | -1.3x |
| Cash | ₫79.70b |
| Equity | ₫222.14b |
| Total liabilities | ₫111.38b |
| Total assets | ₫333.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALT's short term assets (₫190.3B) exceed its short term liabilities (₫110.5B).
Long Term Liabilities: ALT's short term assets (₫190.3B) exceed its long term liabilities (₫871.4M).
Debt to Equity History and Analysis
Debt Level: ALT has more cash than its total debt.
Reducing Debt: ALT's debt to equity ratio has increased from 1.2% to 16.8% over the past 5 years.
Debt Coverage: ALT's debt is well covered by operating cash flow (20.3%).
Interest Coverage: ALT earns more interest than it pays, so coverage of interest payments is not a concern.