Altron Limited

JSE:AEL Stock Report

Market Cap: R7.2b

Altron Balance Sheet Health

Financial Health criteria checks 6/6

Altron has a total shareholder equity of ZAR4.3B and total debt of ZAR490.0M, which brings its debt-to-equity ratio to 11.5%. Its total assets and total liabilities are ZAR8.5B and ZAR4.3B respectively. Altron's EBIT is ZAR1.0B making its interest coverage ratio 12.7. It has cash and short-term investments of ZAR602.0M.

Key information

11.48%

Debt to equity ratio

R490.00m

Debt

Interest coverage ratio12.7x
CashR602.00m
EquityR4.27b
Total liabilitiesR4.26b
Total assetsR8.52b

Recent financial health updates

Is Altron (JSE:AEL) Using Too Much Debt?

Jun 25
Is Altron (JSE:AEL) Using Too Much Debt?

Is Altron (JSE:AEL) A Risky Investment?

Jun 17
Is Altron (JSE:AEL) A Risky Investment?

Recent updates

Altron's (JSE:AEL) Earnings Offer More Than Meets The Eye

Nov 10
Altron's (JSE:AEL) Earnings Offer More Than Meets The Eye

Altron (JSE:AEL) Is Due To Pay A Dividend Of ZAR0.48

Nov 06
Altron (JSE:AEL) Is Due To Pay A Dividend Of ZAR0.48

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Altron Limited's (JSE:AEL) CEO For Now

Jul 25
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Altron Limited's (JSE:AEL) CEO For Now

Altron (JSE:AEL) Is Paying Out A Larger Dividend Than Last Year

May 29
Altron (JSE:AEL) Is Paying Out A Larger Dividend Than Last Year

Investors Interested In Altron Limited's (JSE:AEL) Earnings

Jan 18
Investors Interested In Altron Limited's (JSE:AEL) Earnings

Altron Limited's (JSE:AEL) Shares Climb 26% But Its Business Is Yet to Catch Up

Jul 28
Altron Limited's (JSE:AEL) Shares Climb 26% But Its Business Is Yet to Catch Up

Is Altron (JSE:AEL) Using Too Much Debt?

Jun 25
Is Altron (JSE:AEL) Using Too Much Debt?

Altron (JSE:AEL) Is Increasing Its Dividend To ZAR0.33

May 23
Altron (JSE:AEL) Is Increasing Its Dividend To ZAR0.33

Altron (JSE:AEL) Has Announced That Its Dividend Will Be Reduced To ZAR0.19

May 18
Altron (JSE:AEL) Has Announced That Its Dividend Will Be Reduced To ZAR0.19

Is Altron (JSE:AEL) A Risky Investment?

Jun 17
Is Altron (JSE:AEL) A Risky Investment?

We Discuss Why Allied Electronics Corporation Limited's (JSE:AEL) CEO Compensation May Be Closely Reviewed

Jul 21
We Discuss Why Allied Electronics Corporation Limited's (JSE:AEL) CEO Compensation May Be Closely Reviewed

There May Be Reason For Hope In Allied Electronics' (JSE:AEL) Disappointing Earnings

May 23
There May Be Reason For Hope In Allied Electronics' (JSE:AEL) Disappointing Earnings

Need To Know: Allied Electronics Corporation Limited (JSE:AEL) Insiders Have Been Selling Shares

Mar 18
Need To Know: Allied Electronics Corporation Limited (JSE:AEL) Insiders Have Been Selling Shares

How Does Allied Electronics' (JSE:AEL) CEO Salary Compare to Peers?

Dec 16
How Does Allied Electronics' (JSE:AEL) CEO Salary Compare to Peers?

How Many Allied Electronics Corporation Limited (JSE:AEL) Shares Have Insiders Sold, In The Last Year?

Dec 03
How Many Allied Electronics Corporation Limited (JSE:AEL) Shares Have Insiders Sold, In The Last Year?

With EPS Growth And More, Allied Electronics (JSE:AEL) Is Interesting

Nov 19
With EPS Growth And More, Allied Electronics (JSE:AEL) Is Interesting

Financial Position Analysis

Short Term Liabilities: AEL's short term assets (ZAR3.9B) exceed its short term liabilities (ZAR2.6B).

Long Term Liabilities: AEL's short term assets (ZAR3.9B) exceed its long term liabilities (ZAR1.6B).

Debt to Equity History and Analysis

Debt Level: AEL has more cash than its total debt.

Reducing Debt: AEL's debt to equity ratio has reduced from 70.9% to 11.5% over the past 5 years.

Debt Coverage: AEL's debt is well covered by operating cash flow (335.5%).

Interest Coverage: AEL's interest payments on its debt are well covered by EBIT (12.7x coverage).

Balance Sheet

Discover healthy companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/22 13:07
End of Day Share Price 2025/11/21 00:00
Earnings2025/08/31
Annual Earnings2025/02/28

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Altron Limited is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Katherine ThompsonEdison Investment Research
Andrew CuffeJ.P. Morgan
null RESEARCH DEPARTMENTMacquarie Research