Althea Group Holdings Ltd
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Quick analysis of Althea Group Holdings Ltd (30 sec.)

1. Valuation of Althea Group Holdings Ltd (5 min.)

Live pricePrice per share (EOD)

A$0.05

Book Value per Share

A$0.11

2. Growth of Althea Group Holdings Ltd (5 min.)

Is Althea Group Holdings Ltd growing?

	Current year	Previous year	Grow	Grow %
How rich?	$27.5m	$30.2m	-$665.4k	-2.2%

How much money is Althea Group Holdings Ltd making?

	Current year	Previous year	Grow	Grow %
Making money	-$3m	-$3.6m	$654.9k	?
Net Profit Margin	-30.2%	-141.1%	-	-

How much money comes from the company's main activities?

Quarterly Yearly

3. Financial Health of Althea Group Holdings Ltd (5 min.)

4. Comparing to competitors in the Drug Manufacturers-Specialty & Generic industry (5 min.)

Industry Rankings (Drug Manufacturers-Specialty & Generic)

Richest
#465 / 691

Most Revenue
#464 / 691

Most Profit
#541 / 691

Most Efficient
#532 / 691

Fundamentals of Althea Group Holdings Ltd

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.

Operating Efficiency Details

	Compared to previous year	Compared to industry
The company is operating very inefficient.
The company is very efficient in keeping operating costs low.

Liquidity Details

	Compared to previous year	Compared to industry
The company is able to pay all its short-term debts.
The company is just able to pay all its short-term debts with the most liquid assets.

Solvency Details

	Compared to previous year	Compared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

1.1. Profitability of Althea Group Holdings Ltd.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Althea Group Holdings Ltd earns for each $1 of revenue.

Above 10% is considered healthy but always compare Althea Group Holdings Ltd to the Drug Manufacturers-Specialty & Generic industry mean.
A Net Profit Margin of -45.6% means that $-0.46 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Althea Group Holdings Ltd:

The MRQ is -45.6%. The company is making a huge loss. -2
The TTM is -30.2%. The company is making a huge loss. -2

Trends

Current period		Compared to		+/-
MRQ	-45.6%	TTM	-30.2%	-15.4%
TTM	-30.2%	YOY	-141.1%	+110.9%
TTM	-30.2%	5Y	-1,016.4%	+986.2%
5Y	-1,016.4%	10Y	-1,016.4%	0.0%

Compared to industry (Drug Manufacturers-Specialty & Generic)

Period	Company	Industry (mean)	+/-
MRQ	-45.6%	1.3%	-46.9%
TTM	-30.2%	1.3%	-31.5%
YOY	-141.1%	1.6%	-142.7%
5Y	-1,016.4%	0.1%	-1,016.5%
10Y	-1,016.4%	1.0%	-1,017.4%

Measures how much net profit Althea Group Holdings Ltd earns for each $1 of revenue.

Revenue is the amount of profit Althea Group Holdings Ltd generates before taxes and all other costs. For example, when you buy a cup of coffee it will cost you $3. The company does not earn $3 in profit but also has to pay various costs and taxes to create that cup of coffee. Let's assume the cost of creating a cup of coffee is $1.5.

The $3 you pay for a cup of coffee is called revenue.
The $1.5 that’s left over when all costs to create that cup of coffee (including taxes) are deduced from the revenue is called net profit.

The net profit margin looks at how much net profit Althea Group Holdings Ltd earns for each $1 in revenue.

How to use net profit margin

Higher profit margin is better (more profit).
Above 10% is considered healthy but always compare Althea Group Holdings Ltd to the Drug Manufacturers-Specialty & Generic industry mean.
Can be used to compare companies within the Drug Manufacturers-Specialty & Generic industry.

You typically want a high profit margin. This means that for each $1 in sales, Althea Group Holdings Ltd makes more profit. This shows the investor how efficiently Althea Group Holdings Ltd is operating in general and compared to other companies in the same industry. Althea Group Holdings Ltd operates in the Drug Manufacturers-Specialty & Generic industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Althea Group Holdings Ltd. If profit margins remain low (compared to the Drug Manufacturers-Specialty & Generic industry mean) and there are no improvements to make in production costs or other areas that might be a warning sign. If profit margins are high that means the company has low overhead costs and is efficiently using its resources to generate profit.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Net Profit Margin of Althea Group Holdings Ltd is -0.46. This means that Althea Group Holdings Ltd earned $-0.46 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Net Profit Margin of the Drug Manufacturers-Specialty & Generic industry is 1.3%.
What is the trend?
The trend is important because it shows you how Althea Group Holdings Ltd is performing over time. The most recent quarter might be important if Althea Group Holdings Ltd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Althea Group Holdings Ltd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare Althea Group Holdings Ltd with other companies in the same industry (Drug Manufacturers-Specialty & Generic).
Net profit margin should rise over the years.
Can be influenced when Althea Group Holdings Ltd sells assets (profit will increase while costs remain the same).
It won’t show what part of Althea Group Holdings Ltd is doing great or needs improvement (it only looks at total revenue and total net income).

How to calculate net profit margin

Net profit margin = net income / total revenue * 100%

Real example of Althea Group Holdings Ltd

You need the following data to determine net profit margin:

Income statement from the period you want to calculate (for example, MRQ or TTM).

Net income MRQ Althea Group Holdings Ltd = -5,079
Total revenue MRQ Althea Group Holdings Ltd = 11,142
$-5,079 / $11,142 = -0.46 or -45.6%

Higher is better

The higher the net profit margin, the more efficient the company is generating income. This helps investors to determine how the company is managing money. The net profit margin is an important indicator when diving into the financial health of a company. Overall, you want to see the net profit margin rising over the years. That means the company improved their production and made it more efficient (if possible).

You can use the net profit margin to compare companies within the same industry. If there are two companies where one is much bigger but the smaller one has a higher net profit margin, that means the smaller company is more efficiently using operational costs.

Important: Profit margins can be very different between industries. Companies with assembly lines or transports are much more prone to see shifting in prices for fuel, ingredients and maintenance compared to companies that only provide services. You should never compare net profit margin between different industries.

1.1.2. Return on Assets

Shows how efficient Althea Group Holdings Ltd is using its assets to generate profit.

Above 5% is considered healthy but always compare Althea Group Holdings Ltd to the Drug Manufacturers-Specialty & Generic industry mean.
-9.0% Return on Assets means that Althea Group Holdings Ltd generated $-0.09 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Althea Group Holdings Ltd:

The MRQ is -9.0%. Using its assets, the company is very inefficient in making profit. -2
The TTM is -8.0%. Using its assets, the company is very inefficient in making profit. -2

Trends

Current period		Compared to		+/-
MRQ	-9.0%	TTM	-8.0%	-0.9%
TTM	-8.0%	YOY	-10.3%	+2.3%
TTM	-8.0%	5Y	-11.1%	+3.0%
5Y	-11.1%	10Y	-11.1%	0.0%

Compared to industry (Drug Manufacturers-Specialty & Generic)

Period	Company	Industry (mean)	+/-
MRQ	-9.0%	-0.2%	-8.8%
TTM	-8.0%	-0.3%	-7.7%
YOY	-10.3%	0.1%	-10.4%
5Y	-11.1%	-0.1%	-11.0%
10Y	-11.1%	0.2%	-11.3%

Shows how efficient Althea Group Holdings Ltd is using its assets to generate profit.

For a farm, a tractor is considered an asset. The tractor helps ploughing the land making it possible to plant and harvest crops. But the tractor might be old and needing maintenance all the time reducing its efficiency. Return on assets indicates how effectively the farm is using the tractor (and other assets that help the core business) to plough the land.

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare Althea Group Holdings Ltd to the Drug Manufacturers-Specialty & Generic industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on assets in their analysis

Shows the investor how effectively Althea Group Holdings Ltd is using its resources to generate profit. If the return on assets (-9.0%) from Althea Group Holdings Ltd are higher than the Drug Manufacturers-Specialty & Generic mean (-0.2%) that means Althea Group Holdings Ltd is using its resources better than their competitors. If not, that means their competitors are more efficient in using their resources to generate profit.

An investor should always look at:

What is the current return on assets?
The current most recent quarter (MRQ) Return on Assets of Althea Group Holdings Ltd is -9.0%. This means the company generated $-0.09 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Drug Manufacturers-Specialty & Generic industry is -0.2%.
What is the trend?
The trend is important because it shows you how Althea Group Holdings Ltd is performing over time. The most recent quarter might be important if Althea Group Holdings Ltd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Althea Group Holdings Ltd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
If a company has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

How to calculate return on assets

Return on assets = net income / total assets * 100%

Real example Althea Group Holdings Ltd

You need the following data to determine return on assets (ROA):

Income statement
Balance sheet

Net income MRQ (income statement) from Althea Group Holdings Ltd = -5,079
Total assets MRQ (balance sheet) from Althea Group Holdings Ltd = 56,565
-5,079 / 56,565 = -0.09 or -9.0%

ROA is an important ratio as it will tell you how effectively Althea Group Holdings Ltd is using its resources to generate profits. Example:

Bob and Kristin both sell ice cream in the summer. They both have an ice cream truck. The truck Bob owes cost him $20.000 and the truck Kristin owes cost her $1500. Over the summer, Bob earned $2000 and Kristin earned $200. To calculate the return on assets:

Bob: $2000 / $20.000 * 100% = 10%
Kristin: $200 / $1500 * 100% = 13.3%

This tells you Bob’s company is more valuable but Kristin's company is more efficient. Be aware that total assets can change over time. A transportation business will buy and sell trucks or planes all the time. Before using return on assets as a guideline, you have to know what the exact assets are. For a company that has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

1.1.3. Return on Equity

Shows how efficient Althea Group Holdings Ltd is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Althea Group Holdings Ltd to the Drug Manufacturers-Specialty & Generic industry mean.
-12.3% Return on Equity means Althea Group Holdings Ltd generated $-0.12 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Althea Group Holdings Ltd:

The MRQ is -12.3%. Using its investors money, the company is very inefficient in making profit. -2
The TTM is -10.2%. Using its investors money, the company is very inefficient in making profit. -2

Trends

Current period		Compared to		+/-
MRQ	-12.3%	TTM	-10.2%	-2.0%
TTM	-10.2%	YOY	-12.3%	+2.0%
TTM	-10.2%	5Y	-12.5%	+2.2%
5Y	-12.5%	10Y	-12.5%	0.0%

Compared to industry (Drug Manufacturers-Specialty & Generic)

Period	Company	Industry (mean)	+/-
MRQ	-12.3%	0.5%	-12.8%
TTM	-10.2%	0.3%	-10.5%
YOY	-12.3%	0.5%	-12.8%
5Y	-12.5%	-0.1%	-12.4%
10Y	-12.5%	0.4%	-12.9%

Shows how efficient Althea Group Holdings Ltd is using its investors money to generate profit.

A publicly traded company (any company that issues shares to the public) is owned by its shareholders. Return on equity calculates the amount of profit for every $1 the shareholders invested.

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare Althea Group Holdings Ltd to the Drug Manufacturers-Specialty & Generic industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on equity in their analysis

To find out the owners/management's attitude toward their company. You typically want the owners/management to invest in the company and focus on generating profit. If not enough profit is generated (compared to the Drug Manufacturers-Specialty & Generic industry mean), the company might not be investing their money efficiently.

The three steps every investor should look at:

What is the current return on equity?
The current most recent quarter (MRQ) Return on Equity of Althea Group Holdings Ltd is -12.3%. This means Althea Group Holdings Ltd generated $-0.12 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Drug Manufacturers-Specialty & Generic industry is 0.5%.
What is the trend?
The trend is important because it shows you how Althea Group Holdings Ltd is performing over time. The most recent quarter might be important if Althea Group Holdings Ltd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Althea Group Holdings Ltd up to 10 years back (depending if Althea Group Holdings Ltd existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Does not include intangible assets (non physical assets like licences, computer software, etc.).
Stockholders equity and shareholders equity refer to the same thing.
Liabilities should not be more than three times return on equity.

How to calculate return on equity

Return on equity = net profit / shareholders equity * 100%

Real example of Althea Group Holdings Ltd

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Althea Group Holdings Ltd = -5,079
Shareholders equity (balance sheet) MRQ Althea Group Holdings Ltd = 41,450
-5,079 / 41,450 = -0.12 or -12.3%

A negative shareholder equity is a warning sign. It means the company has more liabilities than assets. It might also mean that the owners did not invest enough money or they are taking money out of the business.

1.2. Operating Efficiency of Althea Group Holdings Ltd.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Althea Group Holdings Ltd is operating .

Measures how much profit Althea Group Holdings Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
Above 15% is considered healthy but always compare Althea Group Holdings Ltd to the Drug Manufacturers-Specialty & Generic industry mean.
An Operating Margin of -24.3% means the company generated $-0.24 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Althea Group Holdings Ltd:

The MRQ is -24.3%. The company is operating very inefficient. -2
The TTM is -15.5%. The company is operating very inefficient. -2

Trends

Current period		Compared to		+/-
MRQ	-24.3%	TTM	-15.5%	-8.8%
TTM	-15.5%	YOY	-103.1%	+87.6%
TTM	-15.5%	5Y	-394.0%	+378.5%
5Y	-394.0%	10Y	-394.0%	0.0%

Compared to industry (Drug Manufacturers-Specialty & Generic)

Period	Company	Industry (mean)	+/-
MRQ	-24.3%	0.5%	-24.8%
TTM	-15.5%	2.9%	-18.4%
YOY	-103.1%	4.3%	-107.4%
5Y	-394.0%	3.5%	-397.5%
10Y	-394.0%	2.1%	-396.1%

Measures how efficient Althea Group Holdings Ltd is operating .

The more effecient a company creates products or provides services, the more profit it generates.

How to use operating margin

Higher is better
Above 15% is considered healthy but always compare Althea Group Holdings Ltd to the Drug Manufacturers-Specialty & Generic industry mean.
Can be very different between industries
Can be used to compare companies

Why do investors use operating margin in their analysis

To determine how much profit Althea Group Holdings Ltd is making from it’s core business.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Operating Margin of Althea Group Holdings Ltd is -24.3%. This means that Althea Group Holdings Ltd earned $-0.24 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Drug Manufacturers-Specialty & Generic industry is 0.5%.
What is the trend?
The trend is important because it shows you how Althea Group Holdings Ltd is performing over time. The most recent quarter might be important if Althea Group Holdings Ltd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Althea Group Holdings Ltd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Can be calculated in different ways

How to calculate operating margin

Operating margin = operating earnings / total revenue

Real example of Althea Group Holdings Ltd

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Althea Group Holdings Ltd = -4,923
Total revenue MRQ Althea Group Holdings Ltd = 11,142
$-4,923 / $11,142 = -0.24 or -24.3%

Operating margin is used to calculate how much profit a company makes after variable costs of production but before paying interest and taxes. Some variable costs examples are wages, raw materials, packaging, and transaction fees. The amount of variable costs is different for each company and industry. In general, a higher operating margin is better as this implicates that a company is running efficiently.

For investors, a higher operating margin is a good sign. Although you should always look at operating margin in the long term. If operating margin is fluctuating over the years this might be a sign that things are not running efficiently enough. It’s a way to check how much profit a company is making from its core business.

Operation earnings can be calculated in multiple ways:

Operation earnings = EBIT - non operating income + non operating expense
Operation earnings = Gross profit - operating expense - depreciation and amortisation
Operation earnings = Total revenue - COGS (costs of goods sold) - indirect costs

1.2.2. Operating Ratio

Measures how efficient Althea Group Holdings Ltd is keeping operating costs low.

Below 1 is considered healthy (always compare to Drug Manufacturers-Specialty & Generic industry mean).
An Operation Ratio of 0.54 means that the operating costs are $0.54 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Althea Group Holdings Ltd:

The MRQ is 0.539. The company is very efficient in keeping operating costs low. +2
The TTM is 0.262. The company is very efficient in keeping operating costs low. +2

Trends

Current period		Compared to		+/-
MRQ	0.539	TTM	0.262	+0.277
TTM	0.262	YOY	0.544	-0.282
TTM	0.262	5Y	2.254	-1.992
5Y	2.254	10Y	2.254	0.000

Compared to industry (Drug Manufacturers-Specialty & Generic)

Period	Company	Industry (mean)	+/-
MRQ	0.539	1.416	-0.877
TTM	0.262	1.422	-1.160
YOY	0.544	1.419	-0.875
5Y	2.254	1.434	+0.820
10Y	2.254	1.221	+1.033

Measures how efficient Althea Group Holdings Ltd is keeping operating costs low.

If the operating ratio is below 1 that means the company is making money. The lower the operating ratio, the more efficient the company.

How to use operating ratio

Lower is better.
Below 1 is considered healthy but always compare Althea Group Holdings Ltd to the Drug Manufacturers-Specialty & Generic industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use operating ratio in their analysis

Shows if costs of creating products and or services is increasing or decreasing. The lower the operating ratio, the more efficient the company is creating products and services.

The three steps every investor should look at:

What is the current Operatin ratio?
The current most recent quarter (MRQ) Operating Ratio of Althea Group Holdings Ltd is 53.9%. This means that Althea Group Holdings Ltd earned $0.54 for each $1 in net sales in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the Drug Manufacturers-Specialty & Generic industry is 1.42.
What is the trend?
The trend is important because it shows you how Althea Group Holdings Ltd is performing over time. The most recent quarter might be important if Althea Group Holdings Ltd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Althea Group Holdings Ltd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
You need COGS to calculate operating ratio which is not always shown in the income statement.
Does not consider debt.

How to calculate operating ratio

Operating ratio = Operating expenses + COGS \ Net sales

Real life example Althea Group Holdings Ltd

You need the following data to determine operating ratio:

Income statement

COGS is not always specified on the income statement. If so you can use the following calculation:

(cost of revenue + total operating expenses) \ total revenue
(6,007 +) \ 11,142 = 0.54

The operating ratio measures the efficiency of a company at keeping low costs while generating profits from sales. It compares the total operating expenses to the net amount of sales. The total operating expenses exists of:

COGS (materials, labour, rent of facility, repairs)
Operating expenses (legal fees, marketing, wages, rent, maintenance/repairs)

Operating expenses are all the costs the company makes that are not directly tied to the production of the service or product. Where COGS are costs that are directly tied to the production of a product or service.

Do note that COGS is not always available in the income statement. Some companies include COGS in the operating expenses while others list COGS separately. To make it even more confusing, COGS is also known as “costs of sales” and costs of sales is the same as costs of revenue.

The operating ratio tells you how efficient the company is creating its products or services while keeping prices low. In this case, a lower ratio is better. Higher or rising operating ratios might tell you that costs are rising while sales are not improving or staying the same.

1.3. Liquidity of Althea Group Holdings Ltd.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Althea Group Holdings Ltd is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Drug Manufacturers-Specialty & Generic industry mean).
A Current Ratio of 1.82 means the company has $1.82 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Althea Group Holdings Ltd:

The MRQ is 1.819. The company is able to pay all its short-term debts. +1
The TTM is 2.521. The company is able to pay all its short-term debts. +1

Trends

Current period		Compared to		+/-
MRQ	1.819	TTM	2.521	-0.702
TTM	2.521	YOY	2.865	-0.344
TTM	2.521	5Y	14.511	-11.990
5Y	14.511	10Y	14.511	0.000

Compared to industry (Drug Manufacturers-Specialty & Generic)

Period	Company	Industry (mean)	+/-
MRQ	1.819	1.778	+0.041
TTM	2.521	1.844	+0.677
YOY	2.865	2.166	+0.699
5Y	14.511	2.379	+12.132
10Y	14.511	2.119	+12.392

Measures if Althea Group Holdings Ltd is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to Drug Manufacturers-Specialty & Generic industry mean).
Can be very different between industries
Can be used to compare companies

Why do investors use current ratio in their analysis

Shows if the company can pay of short term debts if needed. A company that can't pay off it's short term debts might get in trouble if they have to pay off their short term debts for whatever reason. For example, markets can change due to global events like covid-19 or the war in Ukraine versus Russia. Because debts are always taken based on future income, it might become troublesome for Althea Group Holdings Ltd if something happens in the market that will cause sales to plummet.

The three steps every investor should look at:

What is the current current Ratio?
The current most recent quarter (MRQ) Current Ratio of Althea Group Holdings Ltd is 1.82. This means Althea Group Holdings Ltd has $1.82 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Drug Manufacturers-Specialty & Generic industry is 1.78.
What is the trend?
The trend is important because it shows you how Althea Group Holdings Ltd is performing over time. The most recent quarter might be important if Althea Group Holdings Ltd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Althea Group Holdings Ltd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Might be deluded.
Not all assets can always be quickly sold.
Can be manipulated by increasing or decreasing the assets and/or liabilities.

How to calculate current ratio

Current ratio = current assets \ current liabilities

Real life example Althea Group Holdings Ltd

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
17,776 \ 9,774) = 1.82

The current ratio measures if Althea Group Holdings Ltd is able to pay short-term debts (obligations). Short term in this context means all debt obligations that are about to expire within one year. The current ratio incorporates current liabilities and current assets. Current assets are all the assets a company has that are expected to be consumed or sold within standard business operations. You can find the current assets in the balance sheet. They consist of:

Inventory
Accounts receivable
Marketable securities
Prepaid expenses
Cash
Cash equivalents
liquid assets

The current liabilities are short term obligations that are due within one year. These consist of:

Short term debts
Dividends
Income taxes
Short-term debts
Accounts payable
Interest payments

The result shows an investor if Althea Group Holdings Ltd is able to pay all its short-term debts if they were due all at once. When the result of the above formula is below 1, then Althea Group Holdings Ltd does not have enough capital after selling all its assets to pay all short-term debts. If the ratio drops far below 1 that might indicate Althea Group Holdings Ltd is or will be in financial trouble anytime soon.

Although this gives an investor some clues, the current ratio may also be deluded. Because owning assets does not mean the company can easily sell them. Also, Accounts receivable may be quite old (they will probably never pay) which deludes the current ratio. As with all ratios, you should only compare them between the same industries and companies.

1.3.2. Quick Ratio

Measures if Althea Group Holdings Ltd is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Althea Group Holdings Ltd to the Drug Manufacturers-Specialty & Generic industry mean.
A Quick Ratio of 1.28 means the company can pay off $1.28 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Althea Group Holdings Ltd:

The MRQ is 1.280. The company is able to pay all its short-term debts with the most liquid assets. +1
The TTM is 1.100. The company is just able to pay all its short-term debts with the most liquid assets.

Trends

Current period		Compared to		+/-
MRQ	1.280	TTM	1.100	+0.180
TTM	1.100	YOY	1.071	+0.028
TTM	1.100	5Y	4.681	-3.582
5Y	4.681	10Y	4.681	0.000

Compared to industry (Drug Manufacturers-Specialty & Generic)

Period	Company	Industry (mean)	+/-
MRQ	1.280	0.659	+0.621
TTM	1.100	0.806	+0.294
YOY	1.071	0.944	+0.127
5Y	4.681	1.016	+3.665
10Y	4.681	1.008	+3.673

Measures if Althea Group Holdings Ltd is able to pay off Short-term Debt but only using the most liquid assets.

How to use quick ratio

Higher is better.
Above 1 is considered healthy but always compare Althea Group Holdings Ltd to the Drug Manufacturers-Specialty & Generic industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use quick ratio in their analysis

Shows how fast Althea Group Holdings Ltd can pay off its short term debts. This shows if Althea Group Holdings Ltd can survive emergencies due to market changes or other reasons.

The three steps every investor should look at:

What is the current Quick Ratio?
The current most recent quarter (MRQ) quickRatio of Althea Group Holdings Ltd is 1.28. This means that Althea Group Holdings Ltd can pay off $1.28 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Drug Manufacturers-Specialty & Generic industry is 0.66.
What is the trend?
The trend is important because it shows you how Althea Group Holdings Ltd is performing over time. The most recent quarter might be important if Althea Group Holdings Ltd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Althea Group Holdings Ltd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Incorporates only most liquid assets.

How to calculate quick ratio

Quick ratio = cash and equivalents + marketable securities + accounts receivable / current liabilities

Real life example Althea Group Holdings Ltd

You need the following data to determine operating ratio:

Balance sheet
Quick ratio = cash and short-term investments + short-term investments + netReceivables / total current liabilities
MRQ quick ratio Althea Group Holdings Ltd: (6,205 + +6,305) / 9,774 = 1.28

The quick ratio measures the same thing as the current ratio, only it uses the most liquid assets a company has. Meaning, the assets that can be sold for cash the easiest and fastest.

As the quick ratio only incorporates the most liquid assets, you should also check the current ratio which also includes less liquid assets. But they may be harder to sell.

1.4. Solvency of Althea Group Holdings Ltd.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Althea Group Holdings Ltd assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Althea Group Holdings Ltd to Drug Manufacturers-Specialty & Generic industry mean.
A Debt to Asset Ratio of 0.27 means that Althea Group Holdings Ltd assets are financed with 26.7% credit (debt) and the remaining percentage (100% - 26.7%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Althea Group Holdings Ltd:

The MRQ is 0.267. The company is very able to pay all its debts by selling its assets. +2
The TTM is 0.211. The company is very able to pay all its debts by selling its assets. +2

Trends

Current period		Compared to		+/-
MRQ	0.267	TTM	0.211	+0.056
TTM	0.211	YOY	0.151	+0.060
TTM	0.211	5Y	0.117	+0.094
5Y	0.117	10Y	0.117	0.000

Compared to industry (Drug Manufacturers-Specialty & Generic)

Period	Company	Industry (mean)	+/-
MRQ	0.267	0.439	-0.172
TTM	0.211	0.425	-0.214
YOY	0.151	0.403	-0.252
5Y	0.117	0.412	-0.295
10Y	0.117	0.410	-0.293

Measures how much % of Althea Group Holdings Ltd assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake Althea Group Holdings Ltd than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Althea Group Holdings Ltd to Drug Manufacturers-Specialty & Generic industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to asset ratio in their analysis

It shows how much debt the company used to finance its assets. If a company is almost entirely financed with debt that means the company might get into serious trouble when emergencies arise like a raise in interest.

The three steps every investor should look at:

What is the current debt to asset ratio?
The current most recent quarter (MRQ) Debt to Asset Ratio of Althea Group Holdings Ltd is 0.27. This means means that Althea Group Holdings Ltd is financed with 26.7% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the Drug Manufacturers-Specialty & Generic industry is 177.8%.
What is the trend?
The trend is important because it shows you how Althea Group Holdings Ltd is performing over time. The most recent quarter might be important if Althea Group Holdings Ltd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Althea Group Holdings Ltd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Some companies can have higher debt to assets ratio's (for example, banks).
Debt to asset ratio should improve over the years.
If the debt to asset ratio is above 1, look at the industry mean and find out why Althea Group Holdings Ltd has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Althea Group Holdings Ltd

You need the following data to determine debt to asset ratio:

Balance sheet
Debt to asset ratio = total debt \ total assets
15,115 \ 56,565 = 26.7% or 0.27.

The debt to total assets ratio shows if the company is owned by creditors or shareholders. Or in other words, the total debt in relation to the total amount of assets. It shows how much debt the company used to finance its assets.

1.4.2. Debt to Equity Ratio

Measures if Althea Group Holdings Ltd is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Althea Group Holdings Ltd to the Drug Manufacturers-Specialty & Generic industry mean.
A Debt to Equity ratio of 36.5% means that company has $0.36 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Althea Group Holdings Ltd:

The MRQ is 0.365. The company is very able to pay all its debts with equity. +2
The TTM is 0.270. The company is very able to pay all its debts with equity. +2

Trends

Current period		Compared to		+/-
MRQ	0.365	TTM	0.270	+0.095
TTM	0.270	YOY	0.179	+0.091
TTM	0.270	5Y	0.141	+0.129
5Y	0.141	10Y	0.141	0.000

Compared to industry (Drug Manufacturers-Specialty & Generic)

Period	Company	Industry (mean)	+/-
MRQ	0.365	0.700	-0.335
TTM	0.270	0.704	-0.434
YOY	0.179	0.639	-0.460
5Y	0.141	0.700	-0.559
10Y	0.141	0.715	-0.574

Measures if Althea Group Holdings Ltd is able to pay off its debts by using shareholders equity.

How to use debt to equity ratio

Lower is better.
Below 2 is considered healthy (always use industry average).
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to shareholders equity ratio in their analysis

It shows how much debt the company uses to finance their operations. Shareholders equity is whats left over when you subtract total liabilities from total assets. It's another way to meassure how much of Althea Group Holdings Ltd is financed with debt or own resources.

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of Althea Group Holdings Ltd is 0.36. This means that Althea Group Holdings Ltd can pay off $0.36 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Drug Manufacturers-Specialty & Generic industry is 0.70.
What is the trend?
The trend is important because it shows you how Althea Group Holdings Ltd is performing over time. The most recent quarter might be important if Althea Group Holdings Ltd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Althea Group Holdings Ltd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Not all debt is equally risky (for example, short term risk is less risky).

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example Althea Group Holdings Ltd

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
15,115 \ 41,450 = 0.36 or 36.5%

Debt to equity measures the total debt versus the total shareholders equity. While the total debts to total assets ratio uses total assets, the debt to equity ratio looks at the total equity of shareholders. Where equity of shareholders are:

Common shares.
Preferred shares.
Retained earnings.

You can find the shareholders' equity in the balance sheet. A ratio between 0,5 and 1,5 is preferred. If the ratio is above 1.5, that would indicate creditors have significantly more stake (debt) in the company than the shareholders. In other words, the company is using a lot of debt to finance their operations.

Not all debt is equally risky. Meaning you can adjust the ratio by including or excluding certain amounts of debt. Short term debts are less risky because they have to be paid back within one year anyway. It’s much easier to plan one year ahead versus five or ten years.

2. Market Valuation of Althea Group Holdings Ltd

2. Earnings Per Share

2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Althea Group Holdings Ltd generates.

Above 15 is considered overpriced but always compare Althea Group Holdings Ltd to the Drug Manufacturers-Specialty & Generic industry mean.
A PE ratio of -8.69 means the investor is paying $-8.69 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Althea Group Holdings Ltd:

The EOD is -6.628. Company is losing money. -2
The MRQ is -8.690. Company is losing money. -2
The TTM is -20.879. Company is losing money. -2

Trends

Current period		Compared to		+/-
EOD	-6.628	MRQ	-8.690	+2.062
MRQ	-8.690	TTM	-20.879	+12.189
TTM	-20.879	YOY	-43.115	+22.236
TTM	-20.879	5Y	-44.331	+23.451
5Y	-44.331	10Y	-44.331	0.000

Compared to industry (Drug Manufacturers-Specialty & Generic)

Period	Company	Industry (mean)	+/-
EOD	-6.628	-0.035	-6.593
MRQ	-8.690	-0.163	-8.527
TTM	-20.879	0.006	-20.885
YOY	-43.115	6.167	-49.282
5Y	-44.331	7.212	-51.543
10Y	-44.331	14.211	-58.542

Measures how much money you pay for each share for every $1 in earnings Althea Group Holdings Ltd generates.

Indicates if the company’s shares are under or overvalued.

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare Althea Group Holdings Ltd to the Drug Manufacturers-Specialty & Generic industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use PE ratio in their analysis

The PE ratio tells investors the current sentiment in the market for that company. As with every stock, the stock price never shows the real valuation of a company but rather how the market thinks how much the stock is worth.

In other words, the current stock price also incorporates any future earnings or business opportunities in the future. The best example is the stock market crash in 2000. The PE ratio for any internet based company was going through the roof. Only based on the general assumption the internet and all associated businesses would thrive in the future. But this was based on nothing. A business still needs a good product or service to be able to survive. Instead, every investor bought any stock which did something related to the internet. Result: huge market crash.

Many investors were willing to pay premium prices and that was causing the PE ratio to rise. A high PE ratio is a warning sign that investors might be overvaluing a stock based on future earnings.

The three steps every investor should look at:

What is the current PE Ratio?
The current most recent quarter (MRQ) PE Ratio of Althea Group Holdings Ltd is -8.69. This means the investor is paying $-8.69 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Drug Manufacturers-Specialty & Generic industry is -0.16.
What is the trend?
The trend is important because it shows you how Althea Group Holdings Ltd is performing over time. The most recent quarter might be important if Althea Group Holdings Ltd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Althea Group Holdings Ltd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Some industries might have very high or very low PE ratios in general.
PE ratios can be high for several years, it does not mean a sudden collapse is imminent.
Earnings growth is not included in the PE ratio.

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example Althea Group Holdings Ltd

You need the following data to determine the PE ratio:

Balance sheet
Income statement

The PE ratio is a very commonly used ratio to determine the value of a company by comparing the current stock price relative to its earnings per share (EPS). Before we can calculate the PE ratio we need to know the EPS. EPS is calculated as follows:

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
-2,540 \ 316,005 = EPS
PE ratio MRQ = -8.69

* The net profit minus preferred dividends can be found in the incomestatement as netIncomeApplicableToCommonShares.

The PE value helps investors to determine if the current stock price is under or overvalued. It also projects future growth.

In general, a higher PE ratio means that investors predict higher future growth. If the PE ratio is too high, then investors expect way too much future growth the company can never fulfil. This is most likely to happen in faster moving companies like tech companies or automobile companies like Tesla. These are hot and booming markets where investors expect much future growth driven by new technology (electric cars). When looking at the current MRQ (most recent quarter) PE ratio of Tesla ( jan. 2021) it's about 247 while the average in the industry is only 6. That might be a clue that Tesla is trading for way too high prices compared to their current assets and is more based on future growth.

2.2. Price Earnings to Growth Ratio

Measures the predicted future growth of Althea Group Holdings Ltd.

Lower is better.
A PEG ratio of 1 means the market price of the stock and the expected future earnings are on par.

Let's take a look of the Price Earnings to Growth Ratio trends of Althea Group Holdings Ltd:

The MRQ is -8.690. Very Bad. -2
The TTM is -19.690. Very Bad. -2

Trends

Current period		Compared to		+/-
MRQ	-8.690	TTM	-19.690	+11.000
TTM	-19.690	YOY	-45.571	+25.881
TTM	-19.690	5Y	-44.134	+24.444
5Y	-44.134	10Y	-44.134	0.000

Compared to industry (Drug Manufacturers-Specialty & Generic)

Period	Company	Industry (mean)	+/-
MRQ	-8.690	5.846	-14.536
TTM	-19.690	12.876	-32.566
YOY	-45.571	13.819	-59.390
5Y	-44.134	39.778	-83.912
10Y	-44.134	72.812	-116.946

PEG Ratio	Meaning
0.5	You can buy the stock cheap based on future growth
1	You pay a fair price based on future growth
2	The stock is overpriced based on future growth

2. Book Value per Share

2.3. Price to Book Ratio

Measures if the stock price of Althea Group Holdings Ltd is to cheap or to expensive compared to its book value.

At or below 1 is considered healthy (always compare to Drug Manufacturers-Specialty & Generic industry mean).
A PB ratio of 0.53 means the investor is paying $0.53 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Althea Group Holdings Ltd:

The EOD is 0.406. Very good. +2
The MRQ is 0.532. Very good. +2
The TTM is 1.445. Good. +1

Trends

Current period		Compared to		+/-
EOD	0.406	MRQ	0.532	-0.126
MRQ	0.532	TTM	1.445	-0.913
TTM	1.445	YOY	3.541	-2.096
TTM	1.445	5Y	4.501	-3.055
5Y	4.501	10Y	4.501	0.000

Compared to industry (Drug Manufacturers-Specialty & Generic)

Period	Company	Industry (mean)	+/-
EOD	0.406	1.477	-1.071
MRQ	0.532	1.598	-1.066
TTM	1.445	1.660	-0.215
YOY	3.541	2.331	+1.210
5Y	4.501	2.477	+2.024
10Y	4.501	3.068	+1.433

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Althea Group Holdings Ltd.

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Althea Group Holdings Ltd compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	-0.014	-0.001	-94%	-0.004	-75%	0.007	-321%	0.007	-321%
Book Value Growth	-	-	0.885	0.995	-11%	0.971	-9%	1.476	-40%	1.476	-40%
Book Value Per Share	-	-	0.111	0.119	-7%	0.122	-9%	0.103	+8%	0.103	+8%
Book Value Per Share Growth	-	-	0.885	0.995	-11%	0.971	-9%	1.476	-40%	1.476	-40%
Current Ratio	-	-	1.819	2.521	-28%	2.865	-37%	14.511	-87%	14.511	-87%
Debt To Asset Ratio	-	-	0.267	0.211	+27%	0.151	+77%	0.117	+128%	0.117	+128%
Debt To Equity Ratio	-	-	0.365	0.270	+35%	0.179	+103%	0.141	+159%	0.141	+159%
Dividend Per Share	-	-	-	-	0%	-	0%	-	0%	-	0%
Eps	-	-	-0.007	-0.008	+19%	-0.010	+48%	-0.009	+31%	-0.009	+31%
Eps Growth	-	-	1.000	1.060	-6%	0.973	+3%	0.915	+9%	0.915	+9%
Free Cash Flow Per Share	-	-	-0.005	-0.007	+27%	-0.010	+96%	-0.010	+83%	-0.010	+83%
Free Cash Flow Per Share Growth	-	-	1.000	1.065	-6%	1.166	-14%	0.906	+10%	0.906	+10%
Free Cash Flow To Equity Per Share	-	-	-0.005	0.000	-100%	-0.008	+66%	-0.006	+16%	-0.006	+16%
Free Cash Flow To Equity Per Share Growth	-	-	1.000	1.264	-21%	1.121	-11%	1.156	-14%	1.156	-14%
Gross Profit Margin	-	-	1.000	1.000	0%	1.059	-6%	1.117	-10%	1.117	-10%
Intrinsic Value_10Y_max	-	-	-0.236	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	-0.601	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	-0.026	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	-0.049	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	-0.077	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	-0.157	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	-0.125	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	-0.276	-	-	-	-	-	-	-	-
Net Profit Margin	-	-	-0.456	-0.302	-34%	-1.411	+209%	-10.164	+2130%	-10.164	+2130%
Operating Margin	-	-	-0.243	-0.155	-36%	-1.031	+325%	-3.940	+1523%	-3.940	+1523%
Operating Ratio	-	-	0.539	0.262	+106%	0.544	-1%	2.254	-76%	2.254	-76%
Pb Ratio	0.406	-31%	0.532	1.445	-63%	3.541	-85%	4.501	-88%	4.501	-88%
Pe Ratio	-6.628	+24%	-8.690	-20.879	+140%	-43.115	+396%	-44.331	+410%	-44.331	+410%
Peg Ratio	-	-	-8.690	-19.690	+127%	-45.571	+424%	-44.134	+408%	-44.134	+408%
Price Per Share	0.045	-31%	0.059	0.174	-66%	0.433	-86%	0.373	-84%	0.373	-84%
Price To Total Gains Ratio	-3.123	+24%	-4.094	8.107	-151%	-53.009	+1195%	-14.764	+261%	-14.764	+261%
Profit Growth	-	-	-	0.780	-100%	0.587	-100%	0.757	-100%	0.757	-100%
Quick Ratio	-	-	1.280	1.100	+16%	1.071	+19%	4.681	-73%	4.681	-73%
Return On Assets	-	-	-0.090	-0.080	-10%	-0.103	+15%	-0.111	+24%	-0.111	+24%
Return On Equity	-	-	-0.123	-0.102	-16%	-0.123	+0%	-0.125	+2%	-0.125	+2%
Total Gains Per Share	-	-	-0.014	-0.001	-94%	-0.004	-75%	0.007	-321%	0.007	-321%
Usd Book Value	-	-	27576685.000	29576909.450	-7%	30242375.775	-9%	25539947.321	+8%	25539947.321	+8%
Usd Book Value Change Per Share	-	-	-0.010	-0.001	-94%	-0.002	-75%	0.004	-321%	0.004	-321%
Usd Book Value Per Share	-	-	0.074	0.079	-7%	0.081	-9%	0.068	+8%	0.068	+8%
Usd Dividend Per Share	-	-	-	-	0%	-	0%	-	0%	-	0%
Usd Eps	-	-	-0.005	-0.005	+19%	-0.007	+48%	-0.006	+31%	-0.006	+31%
Usd Free Cash Flow	-	-	-1300994.150	-1647116.475	+27%	-2553587.725	+96%	-2378165.726	+83%	-2378165.726	+83%
Usd Free Cash Flow Per Share	-	-	-0.003	-0.004	+27%	-0.007	+96%	-0.006	+83%	-0.006	+83%
Usd Free Cash Flow To Equity Per Share	-	-	-0.003	0.000	-100%	-0.006	+66%	-0.004	+16%	-0.004	+16%
Usd Price Per Share	0.030	-31%	0.039	0.115	-66%	0.288	-86%	0.248	-84%	0.248	-84%
Usd Profit	-	-	-3379058.700	-3024786.450	-10%	-3679774.300	+9%	-2539502.541	-25%	-2539502.541	-25%
Usd Revenue	-	-	7412772.600	3413986.950	+117%	2127421.494	+248%	1510626.266	+391%	1510626.266	+391%
Usd Total Gains Per Share	-	-	-0.010	-0.001	-94%	-0.002	-75%	0.004	-321%	0.004	-321%
	EOD	+3 -2	MRQ	TTM	+9 -28	YOY	+19 -19	5Y	+21 -17	10Y	+21 -17

4.2. Fundamental Score

Let's check the fundamental score of Althea Group Holdings Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	-6.628
Price to Book Ratio (EOD)	Between	0-1	0.406
Net Profit Margin (MRQ)	Greater than	0	-0.456
Operating Margin (MRQ)	Greater than	0	-0.243
Quick Ratio (MRQ)	Greater than	1	1.280
Current Ratio (MRQ)	Greater than	1	1.819
Debt to Asset Ratio (MRQ)	Less than	1	0.267
Debt to Equity Ratio (MRQ)	Less than	1	0.365
Return on Equity (MRQ)	Greater than	0.15	-0.123
Return on Assets (MRQ)	Greater than	0.05	-0.090
Total			5/10 (50.0%)

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4.3. Technical Score

Let's check the technical score of Althea Group Holdings Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Open	Greater than	Close	0.045
Total			0/1 (0.0%)

Create your own Symbol Scanner

Trading is personal. The best traders buy and sell based on their own technical analysis. Create your personal Symbol Scanner with the technical indicators that are important to you.
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Latest Balance Sheet

Balance Sheet of 2022-06-30. Currency in AUD. All numbers in thousands.

Summary

Total Assets	56,565
Total Liabilities	15,115
Total Stockholder Equity	41,450

	As reported
Total Liabilities	15,115
Total Stockholder Equity	+ 41,450
Total Assets	= 56,565

Assets

Total Assets	56,565
Total Current Assets	17,776
Long-term Assets	17,776

Total Current Assets

Total Current Assets (as reported)	17,776
Cash And Cash Equivalents	6,205
Net Receivables	6,305
Inventory	3,819
Other Current Assets	1,447
Total Current Assets (calculated)	17,776
+/-	0

Long-term Assets

Long-term Assets (as reported)	38,789
Property Plant Equipment	19,150
Goodwill	17,737
Long Term Investments	326
Intangible Assets	1,576
Long-term Assets (calculated)	38,789
+/-	0

Liabilities & Shareholders' Equity

Total Current Liabilities	9,774
Long-term Liabilities	5,341
Total Stockholder Equity	41,450

Total Current Liabilities

Total Current Liabilities (as reported)	9,774
Short-term Debt	141
Accounts payable	5,410
Other Current Liabilities	4,223
Total Current Liabilities (calculated)	9,774
+/-	0

Long-term Liabilities

Long-term Liabilities (as reported)	5,341
Long term Debt Total	4,996
Other Liabilities	345
Long-term Liabilities (calculated)	5,341
+/-	0

Total Stockholder Equity

Total Stockholder Equity (as reported)	41,450
Common Stock	82,044
Retained Earnings	-43,477
Other Stockholders Equity	2,883
Total Stockholder Equity (calculated)	41,450
+/-	0

Other

Capital Stock	82,044
Cash and Short Term Investments	6,205
Common Stock Shares Outstanding	316,005
Liabilities and Stockholders Equity	56,565
Net Debt	-1,068
Net Invested Capital	41,450
Net Tangible Assets	22,137
Net Working Capital	8,002
Short Long Term Debt Total	5,137

Balance Sheet

Currency in AUD. All numbers in thousands.

Trend

2022-06-30

2022-03-31

2021-12-31

2021-09-30

2021-06-30

2021-03-31

2020-12-31

2020-09-30

2020-06-30

2020-03-31

2019-12-31

2019-09-30

2019-06-30

2019-03-31

2018-12-31

2018-09-30

2018-06-30

> Total Assets

3,300
21,762
21,762
18,280
18,280
59,333
59,333
0
54,276
0
52,955
0
53,912
0
57,438
0
56,565

56,565

57,438

53,912

52,955

54,276

59,333

18,280

21,762

3,300

> Total Current Assets

0
21,171
21,171
16,220
16,220
28,245
28,245
15,380
15,380
15,923
15,923
14,884
14,884
18,564
18,564
17,776
17,776

17,776

18,564

14,884

15,923

15,380

28,245

16,220

21,171

Cash And Cash Equivalents

0
14,874
14,874
14,918
14,918
22,361
22,361
0
10,143
0
8,644
0
6,388
0
9,874
0
6,205

6,205

9,874

6,388

8,644

10,143

22,361

14,918

14,874

Short-term Investments

0
5,200
5,200
0
0
0
0
0
0
0
0
0
0
0
0
0
0

5,200

Net Receivables

66
111
111
505
505
1,373
1,373
1,388
1,388
1,424
1,424
2,683
2,683
2,187
2,187
6,305
6,305

6,305

2,187

2,683

1,424

1,388

1,373

505

111

Inventory

85
125
125
630
630
2,617
2,617
2,231
2,231
4,765
4,765
5,213
5,213
4,894
4,894
3,819
3,819

3,819

4,894

5,213

4,765

2,231

2,617

630

125

> Long-term Assets

0
0
0
0
2,060
0
0
0
38,896
0
0
0
39,028
0
0
0
38,789

38,789

39,028

38,896

2,060

Property Plant Equipment

0
434
434
1,058
1,058
9,445
9,445
16,791
16,791
16,916
16,916
18,743
18,743
18,795
18,795
19,150
19,150

19,150

18,795

18,743

16,916

16,791

9,445

1,058

434

Goodwill

0
0
0
0
0
19,599
19,599
0
19,632
0
17,737
0
17,737
0
17,737
0
17,737

17,737

19,632

19,599

Long Term Investments

0
0
0
0
237
286
286
0
285
0
0
0
349
0
0
0
326

326

349

285

286

237

Intangible Assets

0
157
157
765
765
1,758
1,758
0
2,188
0
2,086
0
2,199
0
1,994
0
1,576

1,576

1,994

2,199

2,086

2,188

1,758

765

157

Other Assets

0
0
0
237
237
0
0
285
285
293
293
349
349
348
348
326
326

326

348

349

293

285

237

> Total Liabilities

164
268
268
1,228
1,228
4,430
4,430
0
6,259
0
7,398
0
11,216
0
10,598
0
15,115

15,115

10,598

11,216

7,398

6,259

4,430

1,228

268

164

> Total Current Liabilities

164
268
268
1,228
1,228
1,767
1,767
3,510
3,510
4,514
4,514
6,758
6,758
5,760
5,760
9,774
9,774

9,774

5,760

6,758

4,514

3,510

1,767

1,228

268

164

Short-term Debt

0
0
0
0
0
0
0
0
178
0
0
0
54
0
0
0
141

141

178

Accounts payable

151
237
237
806
806
1,458
1,458
1,742
1,742
2,157
2,157
3,225
3,225
4,623
4,623
5,410
5,410

5,410

4,623

3,225

2,157

1,742

1,458

806

237

151

Other Current Liabilities

13
0
0
354
422
142
142
1,277
1,590
1,738
1,738
2,845
3,479
513
513
3,706
4,223

4,223

3,706

513

3,479

2,845

1,738

1,590

1,277

142

422

354

> Long-term Liabilities

0
0
0
0
0
0
0
0
2,749
0
0
0
4,458
0
0
0
5,341

5,341

4,458

2,749

Long term Debt Total

0
0
0
0
0
0
2,635
0
2,543
0
2,465
0
3,995
0
4,444
0
4,996

4,996

4,444

3,995

2,465

2,543

2,635

Other Liabilities

0
0
0
0
0
28
28
206
206
419
419
463
463
394
394
345
345

345

394

463

419

206

> Total Stockholder Equity

3,136
21,494
21,494
17,052
17,052
54,903
54,903
0
48,017
0
45,557
0
42,696
0
46,840
0
41,450

41,450

46,840

42,696

45,557

48,017

54,903

17,052

21,494

3,136

Common Stock

5,008
25,732
25,732
25,732
25,732
54,403
54,403
54,403
54,403
64,398
64,398
68,046
68,046
81,567
81,567
82,044
82,044

82,044

81,567

68,046

64,398

54,403

25,732

5,008

Retained Earnings Total Equity

Accumulated Other Comprehensive Income

0
0
0
0
1,866
0
0
0
18,928
0
0
0
14,770
0
0
0
2,883

2,883

14,770

18,928

1,866

Capital Surplus

Treasury Stock

Other Stockholders Equity

0
0
0
1,866
1,869
19,397
19,397
18,928
19,452
14,747
14,747
14,770
14,770
9,301
9,301
2,883
2,883

2,883

9,301

14,770

14,747

19,452

18,928

19,397

1,869

1,866

Balance Sheet

Currency in AUD. All numbers in thousands.

	2022-06-30	2021-06-30	2020-06-30	2019-06-30	2018-06-30
Accounts Payable	5,410	3,225	1,742	806	36
Accumulated Other Comprehensive Income	2,883	14,770	18,928	1,866	-
Capital Lease Obligations	5,137	4,049	178	-	-
Capital Stock	82,044	68,046	54,403	25,732	-
Cash	6,205	6,388	10,143	14,918	2,300
Cash And Equivalents	-	-	10,143	-	-
Cash And Short Term Investments	6,205	6,388	10,143	14,918	2,500
Common Stock	82,044	68,046	54,403	25,732	5,007
Common Stock Shares Outstanding	304,159	248,682	230,062	169,620	203,310
Common Stock Total Equity	-	-	54,403	25,732	-
Good Will	17,737	17,737	19,632	-	-
Intangible Assets	1,576	2,199	2,188	765	-
Inventory	3,819	5,213	2,231	630	85
Liabilities And Stockholders Equity	56,565	53,912	54,276	18,280	3,299
Long Term Debt	-	-	2,543	-	-
Long Term Debt Total	4,996	3,995	2,543	0	0
Long Term Investments	326	349	285	237	-
Net Debt	-1,068	-2,339	-7,422	-14,918	-
Net Invested Capital	41,450	42,696	50,560	17,052	-
Net Receivables	6,305	2,683	1,388	505	266
Net Tangible Assets	22,137	22,760	26,197	16,287	3,136
Net Working Capital	8,002	8,126	11,870	14,992	-
Non Current Assets Total	38,789	39,028	38,896	2,060	-
Non Current Liabilities Other	270	425	206	-	-
Non Current Liabilities Total	5,341	4,458	2,749	806	-
Non Currrent Assets Other	-	-	-	2,060	-
Other Assets	326	349	285	237	-
Other Current Assets	1,447	600	1,618	167	422
Other Current Liab	4,223	3,479	1,590	422	115
Other Liab	345	463	206	-	-
Other Stockholder Equity	2,883	14,770	19,452	1,869	-
Property Plant And Equipment Gross	-	-	16,791	1,058	-
Property Plant And Equipment Net	19,150	18,743	16,791	1,058	-
Property Plant Equipment	19,150	18,743	16,791	1,058	-
Retained Earnings	-43,477	-40,120	-25,314	-10,546	-1,871
Short Long Term Debt Total	5,137	4,049	2,721	-	-
Short Term Debt	141	54	178	0	0
Short Term Investments	-	-	-	10,000	200
Total Assets	56,565	53,912	54,276	18,280	3,299
Total Current Assets	17,776	14,884	15,380	16,220	3,299
Total Current Liabilities	9,774	6,758	3,510	1,228	163
Total Liab	15,115	11,216	6,259	1,228	164
Total Stockholder Equity	41,450	42,696	48,017	17,052	3,136

	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30
Accounts Payable	5,410	5,410	4,623	4,623	3,225	3,225	2,157	2,157	1,742	1,742	1,458	1,458	806	806	237	237	151
Accumulated Other Comprehensive Income	2,883	-	-	-	14,770	-	-	-	18,928	-	-	-	1,866	-	-	-	-
Capital Lease Obligations	5,137	-	-	-	4,049	-	-	-	178	-	-	-	-	-	-	-	-
Capital Stock	82,044	-	-	-	68,046	-	-	-	-	-	-	-	-	-	-	-	-
Cash	6,205	-	9,874	-	6,388	-	8,644	-	10,143	-	22,361	22,361	14,918	14,918	14,874	14,874	-
Cash And Equivalents	-	-	-	-	-	-	-	-	10,143	-	-	-	-	-	-	-	-
Cash And Short Term Investments	6,205	-	9,874	-	6,388	-	8,644	-	10,143	-	22,361	-	14,918	-	-	-	-
Common Stock	82,044	82,044	81,567	81,567	68,046	68,046	64,398	64,398	54,403	54,403	54,403	54,403	25,732	25,732	25,732	25,732	5,008
Common Stock Shares Outstanding	316,005	-	352,250	-	262,374	-	206,850	169,620	169,620	169,620	169,620	-	169,620	169,620	169,620	-	163,959
Common Stock Total Equity	-	-	-	-	-	-	-	-	54,403	-	-	-	25,732	-	-	-	-
Good Will	17,737	-	17,737	-	17,737	-	17,737	-	19,632	-	19,599	19,599	-	-	-	-	-
Intangible Assets	1,576	-	1,994	-	2,199	-	2,086	-	2,188	-	1,758	1,758	765	765	157	157	-
Inventory	3,819	3,819	4,894	4,894	5,213	5,213	4,765	4,765	2,231	2,231	2,617	2,617	630	630	125	125	85
Liabilities And Stockholders Equity	56,565	-	57,438	-	53,912	-	52,955	-	54,276	-	-	-	18,280	-	-	-	-
Long Term Debt	-	-	-	-	-	-	-	-	2,543	-	-	-	-	-	-	-	-
Long Term Debt Total	4,996	-	4,444	-	3,995	-	2,465	-	2,543	-	2,635	-	-	-	-	-	-
Long Term Investments	326	-	-	-	349	-	-	-	285	-	286	286	237	-	-	-	-
Net Debt	-1,068	-	-	-	-2,339	-	-	-	-7,422	-	-	-	-14,918	-	-	-	-
Net Invested Capital	41,450	-	-	-	42,696	-	-	-	50,560	-	-	-	-	-	-	-	-
Net Receivables	6,305	6,305	2,187	2,187	2,683	2,683	1,424	1,424	1,388	1,388	1,373	1,373	505	505	111	111	66
Net Tangible Assets	22,137	22,137	27,109	27,109	22,760	22,760	25,734	25,734	26,197	26,197	33,546	33,546	16,287	16,287	21,337	21,337	-
Net Working Capital	8,002	-	-	-	8,126	-	-	-	11,870	-	-	-	-	-	-	-	-
Non Current Assets Total	38,789	-	-	-	39,028	-	-	-	38,896	-	-	-	2,060	-	-	-	-
Non Current Liabilities Other	270	-	-	-	425	-	-	-	206	-	-	-	-	-	-	-	-
Non Current Liabilities Total	5,341	-	-	-	4,458	-	-	-	2,749	-	-	-	0	-	-	-	-
Non Currrent Assets Other	-	-	-	-	-	-	-	-	-	-	-	-	2,060	-	-	-	-
Other Assets	326	326	348	348	349	349	293	293	285	285	-	-	237	237	-	-	-
Other Current Assets	1,447	-	1,609	1,609	600	600	-	-	1,618	-	1,894	1,894	167	-	215	215	648
Other Current Liab	4,223	3,706	513	513	3,479	2,845	1,738	1,738	1,590	1,277	142	142	422	354	-	-	13
Other Liab	345	345	394	394	463	463	419	419	206	206	28	28	-	-	-	-	-
Other Stockholder Equity	2,883	2,883	9,301	9,301	14,770	14,770	14,747	14,747	19,452	18,928	19,397	19,397	1,869	1,866	-	-	-
Property Plant And Equipment Gross	-	-	-	-	-	-	-	-	16,791	-	-	-	1,058	-	-	-	-
Property Plant And Equipment Net	19,150	-	-	-	18,743	-	-	-	16,791	-	-	-	1,058	-	-	-	-
Property Plant Equipment	19,150	19,150	18,795	18,795	18,743	18,743	16,916	16,916	16,791	16,791	9,445	9,445	1,058	1,058	434	434	-
Retained Earnings	-43,477	-43,477	-44,028	-44,028	-40,120	-40,120	-33,588	-33,588	-25,314	-25,314	-18,897	-18,897	-10,546	-10,546	-4,238	-4,238	-
Short Long Term Debt Total	5,137	-	-	-	4,049	-	2,465	-	2,721	-	-	-	-	-	-	-	-
Short Term Debt	141	-	0	-	54	-	0	-	178	-	-	-	-	-	-	-	-
Short Term Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,200	5,200	-
Total Assets	56,565	-	57,438	-	53,912	-	52,955	-	54,276	-	59,333	59,333	18,280	18,280	21,762	21,762	3,300
Total Current Assets	17,776	17,776	18,564	18,564	14,884	14,884	15,923	15,923	15,380	15,380	28,245	28,245	16,220	16,220	21,171	21,171	-
Total Current Liabilities	9,774	9,774	5,760	5,760	6,758	6,758	4,514	4,514	3,510	3,510	1,767	1,767	1,228	1,228	268	268	164
Total Liab	15,115	-	10,598	-	11,216	-	7,398	-	6,259	-	4,430	4,430	1,228	1,228	268	268	164
Total Stockholder Equity	41,450	-	46,840	-	42,696	-	45,557	-	48,017	-	54,903	54,903	17,052	17,052	21,494	21,494	3,136

Cash Flow

Currency in AUD. All numbers in thousands.

	2022-06-30	2021-06-30	2020-06-30	2019-06-30	2018-06-30
Begin Period Cash Flow	6,388	10,143	14,918	2,300	-
Capital Expenditures	982	2,403	11,682	1,871	1,061
Change In Cash	-183	-3,755	-4,775	12,618	1,840
Change In Working Capital	5	8	216	206	-2,005
Change To Account Receivables	-3,622	-1,295	-920	-439	-53
Change To Inventory	1,394	-2,982	-1,601	-546	-68
Change To Liabilities	2,898	3,154	1,784	1,009	121
Change To Netincome	580	2,333	1,500	1,910	6
Change To Operating Activities	-927	1,377	-1,081	537	-109
Depreciation	2,086	2,014	848	48	3
End Period Cash Flow	6,205	6,388	10,143	14,918	2,300
Free Cash Flow	-982	-2,403	-11,682	-1,871	-
Investments	-982	-2,403	-14,139	200	200
Issuance Of Capital Stock	10,040	9,269	28,672	20,725	-
Net Borrowings	-164	-23	-3,427	-3,427	-3,427
Net Income	-12,124	-15,046	-14,768	-8,675	-1,497
Other Cashflows From Financing Activities	-118	-23	-112	-1,671	-1,161
Other Cashflows From Investing Activities	-	0	-2,457	200	-
Other Non Cash Items	-	13,032	13,920	8,627	-
Sale Purchase Of Stock	-13	9,269	28,672	20,725	4,300
Total Cash From Financing Activities	9,886	9,182	23,773	20,489	3,440
Total Cash From Operating Activities	-9,054	-10,445	-14,238	-6,156	-1,600
Total Cashflows From Investing Activities	-982	-2,403	-14,139	-1,671	-1,671

	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2017-12-31	2017-09-30
Begin Period Cash Flow	-	-	-	-	-	-	2,536	3,730	3,730	3,730	3,730	3,730	575	575	575	-	-	-	-
Capital Expenditures	203	203	222	222	272	272	625	2,921	2,921	2,921	2,921	826	468	468	468	217	0	26	217
Change In Cash	-1,835	-1,835	1,743	1,743	-1,128	-1,128	-750	-1,194	-1,194	-1,194	-1,194	3,722	3,155	3,155	3,155	6,287	2,300	14	7
Change In Working Capital	5	-	4	-	8	-	1,208	-	216	-	178	-	206	-	8	-	-	-	-
Change To Account Receivables	-2,060	-2,060	249	249	-630	-630	-18	-18	31	31	-491	-491	-220	-220	-220	-220	-	-	-
Change To Inventory	538	538	160	160	-224	-224	-1,267	-1,267	193	193	-994	-994	-273	-273	-273	-273	-	-	-
Change To Liabilities	1,792	1,792	-343	-343	1,193	1,193	385	385	743	743	149	149	505	505	0	0	-	0	0
Change To Netincome	-652	-652	942	942	-252	-252	1,419	1,419	406	406	345	345	945	945	10	10	-	24	24
Change To Operating Activities	455	455	-919	-919	223	223	466	466	272	272	-813	-813	269	269	269	269	-	-	-
Depreciation	384	384	659	659	298	298	413	212	212	212	212	143	12	12	12	1	-	1	1
End Period Cash Flow	-	-	-	-	-	-	-	2,536	2,536	2,536	2,536	3,730	3,730	3,730	3,730	575	-	-	-
Free Cash Flow	-	-	-	-	-	-	-	-6,480	-6,480	-6,480	-6,480	-	-2,007	-2,007	-2,007	-	-	-	-
Investments	-	-	-	-	-	-	-	-	828	828	-828	-828	2,600	2,600	-2,500	-2,500	-	-2,500	-2,500
Net Borrowings	75	75	-157	-157	21	21	-33	-33	74	74	-1,788	-1,788	-1,788	-1,788	-	-	-	50	50
Net Income	-2,540	-2,540	-3,523	-3,523	-3,386	-3,386	-4,137	-3,692	-3,692	-3,692	-3,692	-4,176	-2,169	-2,169	-2,169	-1,183	-	-53	-53
Other Cashflows From Financing Activities	-297	-297	-297	-297	-63	-63	-225	-9,531	-9,531	-9,531	-9,531	-1,401	-6,661	-6,661	-6,661	-108	5	-108	-108
Other Cashflows From Investing Activities	-	-	-	-	0	-	0	-	-2,457	-	-1,655	-	200	-	-5,000	-	-	-	-
Other Non Cash Items	-	-	-	-	-	-	-	3,480	3,480	3,480	3,480	-	2,157	2,157	2,157	-	-	-	-
Sale Purchase Of Stock	10,040	-	10,034	-	9,269	-	5,621	-	28,672	-	28,672	-	20,725	-	20,724	-	4,300	-	-
Total Cash From Financing Activities	83	83	4,861	4,861	1,849	1,849	2,743	-3,560	-3,560	-3,560	-3,560	11,813	-1,539	-1,539	-1,539	10,255	4,305	99	50
Total Cash From Operating Activities	-1,753	-1,753	-2,775	-2,775	-2,482	-2,482	-2,741	-2,741	-1,288	-1,288	-5,831	-5,831	-6,156	-1,906	-2,345	-1,173	-2,005	-59	-30
Total Cashflows From Investing Activities	-209	-209	-283	-283	-480	-480	-722	-722	-4,821	-4,821	-2,249	-2,249	-1,671	1,960	-5,591	-2,796	-	-26	-13

Income Statement

Currency in AUD. All numbers in thousands.

	2022-06-30	2021-06-30	2020-06-30	2019-06-30	2018-06-30
Cost Of Revenue	10,783	5,784	2,159	312	10
Depreciation And Amortization	2,747	2,014	848	48	-
Ebit	-12,063	-15,044	-14,064	-8,669	-1,499
Ebitda	-9,316	-13,030	-13,216	-8,621	-
Gross Profit	9,293	5,289	2,812	455	6
Income Before Tax	-12,124	-15,046	-14,768	-8,675	-1,872
Income Tax Expense	61	2	704	6	-
Interest Expense	61	2	704	6	2
Interest Income	5	185	704	206	-
Net Income	-12,185	-15,048	-15,472	-8,681	-1,872
Net Income Applicable To Common Shares	-12,124	-15,046	-14,768	-8,675	-1,497
Net Income From Continuing Ops	-12,124	-15,046	-14,768	-8,675	-1,497
Net Interest Income	-298	-177	-704	200	-
Operating Income	-12,063	-15,044	-14,064	-8,669	-1,872
Other Operating Expenses	32,842	26,469	17,727	9,238	61
Reconciled Depreciation	2,747	2,014	848	48	-
Selling And Marketing Expenses	3,071	2,468	3,485	3,037	-
Selling General Administrative	11,951	13,112	7,514	3,624	1,800
Tax Provision	0	0	0	0	-
Total Operating Expenses	22,059	20,685	15,568	8,926	1,508
Total Other Income Expense Net	-61	-2	-704	-6	2
Total Revenue	20,076	11,073	4,971	767	16

	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2017-12-31	2017-09-30
Cost Of Revenue	6,007	-	4,776	-	3,457	-	2,327	540	540	540	540	394	78	78	78	36	10	-	-
Depreciation And Amortization	-	-	-	-	-	-	-	212	212	212	212	-	12	12	12	-	-	-	-
Ebit	-2,706	-2,706	-3,538	-3,538	-4,131	-4,131	-3,334	-3,516	-3,516	-3,516	-3,516	-3,385	-2,134	-2,134	-2,134	-1,185	-	-116	-116
Ebitda	-	-	-	-	-	-	-	-3,304	-3,304	-3,304	-3,304	-	-2,122	-2,122	-2,122	-	-	-	-
Gross Profit	5,135	-	4,608	-	2,986	-	2,778	703	703	703	703	532	98	98	98	52	6	-	-
Income Before Tax	-5,079	-	-7,045	-	-6,772	-	-8,274	-3,692	-3,692	-3,692	-3,692	-4,176	-2,169	-2,169	-2,169	-1,183	-1,640	-232	-53
Interest Expense	487	-	174	-	1,589	-	1,529	176	176	176	176	313	2	2	2	2	-	1	1
Interest Income	156	-	147	-	101	-	84	-	79	-	625	-	81	-	4	-	1	1	-
Net Income	-5,079	-	-7,045	-	-6,772	-	-8,274	-3,692	-3,692	-3,692	-3,692	-4,176	-2,169	-2,169	-2,169	-1,183	-1,640	-232	-53
Net Income Applicable To Common Shares	-2,540	-2,540	-3,523	-3,523	-3,386	-3,386	-4,137	-4,137	-3,209	-3,209	-4,176	-4,176	-6,309	-3,155	-2,366	-1,183	-1,640	-232	-53
Net Income From Continuing Ops	-	-	-	-	-	-	-	-	-	-	-4,176	-4,176	-3,155	-3,155	-1,183	-1,183	-	-53	-53
Operating Income	-4,923	-	-6,898	-	-6,671	-	-8,190	-3,189	-3,189	-3,189	-3,189	-3,385	-2,134	-2,134	-2,134	-1,185	-1,639	-231	-116
Other Operating Expenses	-	-	-	-	44	44	44	1,470	1,470	1,470	1,470	179	112	112	51	51	-	22	22
Reconciled Depreciation	-	-	-	-	-	-	-	212	212	212	212	-	12	12	12	-	-	-	-
Selling And Marketing Expenses	-	-	-	-	-	-	-	871	871	871	871	-	759	759	759	-	-	-	-
Selling General Administrative	9,116	-	10,362	-	10,217	-	8,527	1,879	1,879	1,879	1,879	3,590	906	906	906	1,186	1,619	187	94
Tax Provision	0	-	0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	-	-	-	-	-	-	-	930	930	930	930	4,310	554	554	554	1,272	-	116	116
Total Other Income Expense Net	-	-	-	-	-	-	-	-503	-503	-503	-503	-791	35	35	35	2	-	63	63
Total Revenue	11,142	-	9,384	-	6,443	-	5,105	1,243	1,243	1,243	1,243	926	176	176	176	87	16	-	-

Latest Income Statement (annual, 2022-06-30)

Gross Profit (+$)
totalRevenue	20,076
Cost of Revenue	-10,783
Gross Profit	9,293	9,293

Operating Income (+$)
Gross Profit	9,293
Operating Expense	-22,059
Operating Income	-12,063	-12,766

Operating Expense (+$)
Research Development	-
Selling General Administrative	11,951
Selling And Marketing Expenses	3,071
Operating Expense	22,059	15,022

Net Interest Income (+$)
Interest Income	5
Interest Expense	-61
Other Finance Cost	-242
Net Interest Income	-298

Pretax Income (+$)
Operating Income	-12,063
Net Interest Income	-298
Other Non-Operating Income Expenses	-
Income Before Tax (EBT)	-12,124	-12,002 EBIT - interestExpense = -12,124 -12,124 -12,124
Interest Expense	61
Earnings Before Interest and Taxes (EBIT)	-12,063	-12,063
Earnings Before Interest and Taxes (EBITDA)	-9,316

After tax Income (+$)
Income Before Tax	-12,124
Tax Provision	-0
Net Income From Continuing Ops	-12,124	-12,124
Net Income	-12,185
Net Income Applicable To Common Shares	-12,124

Non-recurring Events
Discontinued Operations	-
Extraordinary Items	-
Effect of Accounting Charges	-
Other Items	-
Non Recurring	-
Other Operating Expenses	32,842
Total Other Income/Expenses Net	-61	298

Technicals of Althea Group Holdings Ltd

1. Trend Indicators

1.1 Moving Averages

Shows the moving average of the selected period.

Moving averages are lagging trend indicators.
There are many types of moving averages.
Moving averages are also used within other indicators.

Directionalities and relatives.

Moving Average	Amount of candles	Trend	Price +/-	vs. MA 50	vs. MA 100	vs. MA 200

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

Simple moving average (SMA);
Exponential moving average (EMA);
Smoothed moving average (SMMA);
Linear weighted moving average (LWMA).

The moving average looks at a certain period of time and it calculates the price average. The various types of averages are using various formulas. Don’t worry, you don’t have to memorize any formula. All moving averages are calculated automatically by basically every charting software you use. But it’s good to know how moving averages are actually calculated.

Simple moving average

SMA is calculated by summing up the price closures of the selected period. The price is then divided by the selected period. For example, when using the 21 day moving average you sum up all the closing prices for each day and divide that by 21. The result is a line on the chart representing the average. Because it’s an average in the selected timeframe, the trend is always lagging. An moving average looks like this on the chart:

Source: Tradingview.com

In this case, the blue line represents a 21 day moving average. Because the average is based on results from the past, the indicator will always lag behind. For example, when price would suddenly go up, the moving average won't immediately follow.

All other moving averages discussed below look the same on the chart. The only difference is that the line will move in different directions based on the maths behind the used indicators and the amount of days used to determine the average.

Exponential moving average

The EMA gives more weight to the latest closing prices by giving them more value in the equation. EMA is calculated by adding a certain percentage to the latest closing prices:

EMA = (CLOSE (i) * P) + (EMA (i - 1) * (1 - P))

Where:

CLOSE (i) = current period close price.
EMA (i - 1) = value of the Moving Average of a preceding period.
P = the percentage of using the price value.

Smoothed moving average

A smoothed moving average is an exponential moving average with a long lookback period. Older prices are reduced in weight but are never left out in the calculation. Unlike SMA and EMA where prices are removed when they are beyond the selected period. SMMA is a combination of the SMA and EMA. The main advantage is that it smooths out fluctuations in price.

Linear weighted moving average

The LWMA gives the latest price the highest weight and then lineary scales down with each price before that. The result is that the LWMA reacts quicker to changes in price than the SMA or EMA. The formula:

LWMA = ((Pn∗W1)+(Pn−1∗W2)+(Pn−2∗W3)...) / ∑W

Where:

P = Price for the period.
n = The most recent period, n-1 is the prior period, and n-2 is two periods prior.
W = The assigned weight to each period, with the highest weight going first and then descending linearly based on the number of periods being used.

Moving averages are widely used by many traders. Which moving average you need depends on your trading strategy. Common practise is using a combination of multiple periods. For example, the EMA21, EMA50, EMA100 and EMA200. How does that look on a chart:

Source: Tradingview.com

The lowest (purple) line on the chart represents the EMA200 then following up the EMA100, EMA50 and EMA21.

You can use moving averages to determine a trend. The 200 moving average is mostly used as a baseline for determining the current trend:

When the 200 moving average is moving up it is considered a bullish trend.
When the 200 moving average is down it is considered a bearish trend.
When moving averages are flatlined, there is no clear trend so you should look for market structure, consolidation or trend reversals. Depending on how you want to trade.

This is not set in stone. Most trading strategies use multiple moving averages each with different settings. While one strategy might use the EMA20, the other uses the SMA21. There can be hundreds of different variations. Moving averages can also be used as support and resistance. More often than not, prices will bounce on moving averages.

Althea Group Holdings Ltd Daily Moving Averages Chart

1.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

MACD is a lagging momentum indicator.
Uses two moving averages.
Can show buy or sell signals based on momentum.
Can show overbought. and oversold. levels.

Let's take a look of the Moving Average Convergence/Divergence (MACD) of Althea Group Holdings Ltd:

Althea Group Holdings Ltd Daily Moving Average Convergence/Divergence (MACD) Chart

1.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index).

The ADX helps you determine the strength of a trend. Let's take a look of the ADX of Althea Group Holdings Ltd:

The ADX is .

Althea Group Holdings Ltd Daily Directional Movement Index (DMI) Chart

1.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

Parabolic SAR (stop and reverse) is a lagging trend indicator.
Shows the current trend.
Shows potential entry signals.
Shows potential exit signals.
Can be used to place trailing stoplosses..

The Parabolic SAR is lower than the price. The current trend is up. +2

Althea Group Holdings Ltd Daily Parabolic SAR Chart

2. Momentum Indicators

2.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

Leading momentum indicator, meaning the signals are instant.
Ranges between 0 and 100.
Above 70 is considered overbought.
Below 30 is considered oversold.
Above or below 50 can also be used to determine price trend or support and resistance.
RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
Can be used in many different ways

The RSI is below 50. -1
The RSI is below 30 and oversold. +2

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

The RSI measures the magnitude of recent price changes to determine if the asset is overbought or oversold.

Overbought (RSI above 70) means that the trading price is above its intrinsic value. This might indicate a sell or short signal.
Oversold (RSI below 30) means that the trading price is below its intrinsic value. This might indicate a buy or long signal.
RSI levels above or below 50 can also be used to determine a trend.
RSI divergence looks at a deviation between RSI and price movement.
Can be used in many different ways.

Original usage

Keep in mind that almost every indicator can be used in different ways. Even beyond the orginal settings. The relative strength index was developed by J. Welles Wilder. Wilder recommended a smoothing period of 14 days. That means a 14 day moving average (read more about this setting below). Another quote from the wikipedia page:

Wilders also considers the RSI 50 line as both support and resistance. I recommend to always read the original settings first before using an indicator. Many traders and websites are using their own version of the indicator which might be confusing.

How you can use RSI (Divergence)

First and foremost, there is no real right or wrong usage of the RSI indicator. You can use it in any way you want. Wilder recommends using a 14 day average but you can make it 50 or 100 if you like. Just keep in mind that using an indicator is just part of a larger trading plan. In other words, it’s not recommended to do any trading or investing based on a single indicator like the RSI.

The RSI is measured on a scale between 0 and 100. From 30 till 0 is considered oversold. and from 70 -100 is overbought. The RSI is a leading indicator, meaning the signals are instant.

I like to use the RSI as a trend\momentum indicator and not as an overbought or oversold indicator. I use the middle (50) as the baseline. When prices go above RSI 50 the trend is bullish and can indicate long positions. When below 50 it is considered bearish and can indicate short positions. Other traders use the 70 and 30 levels as overbought/oversold depending on the used strategy. The RSI indicator looks like this:

Source: Tradingview.com

The general concensus is that an RSI above 70 indicates that the security is overbought. In other words, the price this security is trading for is to high and should come down. So if RSI hits 70 or above this might indicate a sell signal or taking a short position (expecting the price will go down). Although RSI above 70 indicates the security is trading above it's fair value, that does not mean the price will go down.

Use tradingview to add indicators

I highly recommend using tradingview to add indicators to a chart. It has all the indicators you can think off and can add them for free (up to three indicators) to any chart you want. You can see that the levels 30 and 70 are marked with a dotted line. If you want you can remove these lines or give it another colour using Tradingview. You can also adjust the moving average used. You can also find RSI indicators made by the community that include other settings like RSI divergences.

Tradingview

Use Tradingview to (back)test your strategies and add hundreds of indicators created by the community.

View tool on Tradingview.com

RSI divergence

RSI is not only used to determine momentum but can also spot reversals or continuations of the trend. A reversal means that the trend is going in the opposite direction. From bullish to bearish or from bearish to bullish. These reversals can be spotted by looking at the price and the direction of the RSI. When the price is going up but the RSI is going down that means there is a divergence. This is also the case when RSI goes up but price is going down.

There are four types of divergences:

Regular bullish divergence
Regular bearish divergence
Hidden bullish divergence
Hidden bearish divergence

Regular bullish divergence

With a regular bullish divergence, the price is making lower highs but the oscillator (in this case the RSI) is making higher lows. A regular bullish divergence might indicate the end of the current trend. You’ll see regular bullish divergences mostly at the end of a downtrend. But that does not mean that every regular bullish divergence is a trend reversal.

Price is making lower highs
RSI is making higher lows
Indicating bullish reversal (price might go up)

Source: Tradingview.com

Regular bearish divergence

With a regular bearish divergence the price is making higher highs but the oscillator (in this case the RSI) is making lower highs. This might indicate the end of an uptrend.

Price is making higher highs
RSI is making lower highs
Indicating bearish reversal

Source: Tradingview.com

Hidden bullish divergence

With a hidden bullish divergence, the price is making a higher low while the RSI is making a lower low. This might indicate bullish trend continuation.

Price is making higher lows
RSI is making lower lows
Indicating bullish continuation

Source: Tradingview.com

As you have noticed, you can have multiple divergences in a row.

Hidden bearish divergence

With a hidden bearish divergence, price is making lower highs but RSI is making higher highs. This might indicate bearish trend continuation.

Price is making lower highs
RSI making higher highs
Indicating bearish continuation

Source: Tradingview.com

You can find many cheatsheets of RSI divergences online. Search for "RSI divergence overview" and you'll find a lot of examples. You can print these to learn the various types of divergences.

Althea Group Holdings Ltd Daily Relative Strength Index (RSI) Chart

2.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

Leading momentum indicator, meaning the signals are instant.
Used to determine overbought and oversold areas much like the RSI.
Ranges between 0 and 100.
Above 80 is considered overbought.
Below 20 is considered oversold.
Consists of two lines named K and D.
K compares the highest high and lowest low on the selected price range.
The D line is a moving average of the K line.
Can be used to spot divergences

The Stochastic is below 50. -1
The Stochastic is below 30 and oversold. +2

Althea Group Holdings Ltd Daily Stochastic Oscillator Chart

2.3 Commodity Channel Index (CCI)

Althea Group Holdings Ltd Daily Commodity Channel Index (CCI) Chart

2.4 Chande Momentum Oscillator (CMO)

Althea Group Holdings Ltd Daily Chande Momentum Oscillator (CMO) Chart

2.5 Williams %R

Althea Group Holdings Ltd Daily Williams %R Chart

3. Volatility Indicators

3.1 Bollinger Bands

Althea Group Holdings Ltd Daily Bollinger Bands Chart

3.2 Average True Range (ATR)

Althea Group Holdings Ltd Daily Average True Range (ATR) Chart

4. Volume Indicators

4.1 On-Balance Volume (OBV)

Althea Group Holdings Ltd Daily On-Balance Volume (OBV) Chart

4.2 Money Flow Index (MFI)

Althea Group Holdings Ltd Daily Money Flow Index (MFI) Chart

5. Summary

5.1. Notifications

Type	Notification	Date
Currently no notifications for Althea Group Holdings Ltd.

5.2. Trading Signals

Date	Indicator	Entry signal	Exit signal
2023-05-29	STOCH	LONG ENTRY	SHORT CLOSE	20 crossover to upside
2023-05-30	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2023-05-31	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2023-06-01	STOCH	LONG ENTRY	SHORT CLOSE	20 crossover to upside

5.2. Technical Score

Let's check the technical score of Althea Group Holdings Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Open	Greater than	Close	0.045
Total			0/1 (0.0%)

Create your own Symbol Scanner

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Quick analysis of Althea Group Holdings Ltd (30 sec.)

1. Valuation of Althea Group Holdings Ltd (5 min.)

A$0.05

A$0.11

2. Growth of Althea Group Holdings Ltd (5 min.)

Is Althea Group Holdings Ltd growing?

How much money is Althea Group Holdings Ltd making?

How much money comes from the company's main activities?

3. Financial Health of Althea Group Holdings Ltd (5 min.)

4. Comparing to competitors in the Drug Manufacturers-Specialty & Generic industry (5 min.)

Industry Rankings (Drug Manufacturers-Specialty & Generic)

Fundamentals of Althea Group Holdings Ltd

Financial Health

1.1. Profitability of Althea Group Holdings Ltd.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

Compared to industry (Drug Manufacturers-Specialty & Generic)

1.1.2. Return on Assets

Trends

Compared to industry (Drug Manufacturers-Specialty & Generic)

1.1.3. Return on Equity

Trends

Compared to industry (Drug Manufacturers-Specialty & Generic)

1.2. Operating Efficiency of Althea Group Holdings Ltd.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

Compared to industry (Drug Manufacturers-Specialty & Generic)

1.2.2. Operating Ratio

Trends

Compared to industry (Drug Manufacturers-Specialty & Generic)

1.3. Liquidity of Althea Group Holdings Ltd.

1.3. Liquidity

1.3.1. Current Ratio

Trends

Compared to industry (Drug Manufacturers-Specialty & Generic)

1.3.2. Quick Ratio

Trends

Compared to industry (Drug Manufacturers-Specialty & Generic)

1.4. Solvency of Althea Group Holdings Ltd.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

Compared to industry (Drug Manufacturers-Specialty & Generic)

1.4.2. Debt to Equity Ratio

Trends

Compared to industry (Drug Manufacturers-Specialty & Generic)

2. Market Valuation of Althea Group Holdings Ltd

2. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

Compared to industry (Drug Manufacturers-Specialty & Generic)

2.2. Price Earnings to Growth Ratio

Trends

Compared to industry (Drug Manufacturers-Specialty & Generic)

2. Book Value per Share

2.3. Price to Book Ratio

Trends

Compared to industry (Drug Manufacturers-Specialty & Generic)

Althea Group Holdings Ltd
Buy, Hold or Sell?