Altvest Capital Balance Sheet Health
Financial Health criteria checks 0/6
Altvest Capital has a total shareholder equity of ZAR70.4M and total debt of ZAR49.7M, which brings its debt-to-equity ratio to 70.7%. Its total assets and total liabilities are ZAR125.4M and ZAR55.0M respectively.
Key information
70.7%
Debt to equity ratio
R49.75m
Debt
| Interest coverage ratio | n/a |
| Cash | R118.61k |
| Equity | R70.37m |
| Total liabilities | R55.00m |
| Total assets | R125.37m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: ALVA's short term assets (ZAR284.1K) do not cover its short term liabilities (ZAR7.2M).
Long Term Liabilities: ALVA's short term assets (ZAR284.1K) do not cover its long term liabilities (ZAR47.8M).
Debt to Equity History and Analysis
Debt Level: ALVA's net debt to equity ratio (70.5%) is considered high.
Reducing Debt: Insufficient data to determine if ALVA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ALVA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ALVA's interest payments on its debt are well covered by EBIT.