Altron Limited

Johannesburg Stock Exchange AEL.JO

Altron Limited Interest Coverage Ratio for the year ending February 29, 2024: 4.05

Altron Limited Interest Coverage Ratio is 4.05 for the year ending February 29, 2024, a 140.51% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Altron Limited Interest Coverage Ratio for the year ending February 28, 2023 was 1.68, a -4.80% change year over year.
  • Altron Limited Interest Coverage Ratio for the year ending February 28, 2022 was 1.77, a 4.45% change year over year.
  • Altron Limited Interest Coverage Ratio for the year ending February 28, 2021 was 1.69, a 8.30% change year over year.
  • Altron Limited Interest Coverage Ratio for the year ending February 29, 2020 was 1.56, a -58.23% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
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SV Wall Street
Johannesburg Stock Exchange: AEL.JO

Altron Limited

Description

Altron Limited provides information and communication technology solutions in South Africa and internationally. The company's Managed Services segment offers supports and maintains enterprise-wide information products and services, which include servers, desktop and laptop, point of sales, ATM dynamic solutions, warranty and incident management, availability and project management, and distributor for NCR products; and enterprise connectivity and critical communications solutions that enables businesses connect. Its Digital Transformation segment provides networking, hardware, DevOps and modernization, data management, security, IT as a service, cloud, and artificial intelligence solutions; and a managed identity profile and cryptographic solutions for their clients across devices, platforms, and locations. This segment also offers IT infrastructure solutions, including software asset management, software licensing, license management-as-a-service, managed, cloud, data storage, data center infrastructure management, enterprise software, servers, network security, unified communications, and virtualization services. The company's Own Platforms segment offers vehicle tracking and recovery systems, fleet management services, and usage-based telematics; debit order processing, payment and switching, card personalization and issuance, credit management software, and debit and credit card payment solutions; person-to-person payments and value-added services to the consumer market; and practice management solutions in the healthcare industry and medical transaction switching. Its Other segment distributes industrial electronic components, such as batteries and solar; lighting and optics; software and compilers; and semiconductors and aerospace products. The company was formerly known as Allied Electronics Corporation Limited and changed its name to Altron Limited in August 2021. Altron Limited was founded in 1965 and is headquartered in Johannesburg, South Africa.

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StockViz Staff

February 7, 2025

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