Alumasc Group Balance Sheet Health
Financial Health criteria checks 5/6
Alumasc Group has a total shareholder equity of £26.3M and total debt of £14.6M, which brings its debt-to-equity ratio to 55.3%. Its total assets and total liabilities are £77.6M and £51.3M respectively. Alumasc Group's EBIT is £12.4M making its interest coverage ratio 12.7. It has cash and short-term investments of £7.2M.
Key information
55.3%
Debt to equity ratio
UK£14.56m
Debt
| Interest coverage ratio | 12.7x |
| Cash | UK£7.19m |
| Equity | UK£26.30m |
| Total liabilities | UK£51.28m |
| Total assets | UK£77.58m |
Recent financial health updates
Recent updates
Alumasc Group (LON:ALU) Is Increasing Its Dividend To £0.069
Sep 24
Alumasc Group (LON:ALU) Will Pay A Larger Dividend Than Last Year At £0.069
Sep 08The Alumasc Group plc's (LON:ALU) Intrinsic Value Is Potentially 46% Above Its Share Price
Jul 19When Should You Buy The Alumasc Group plc (LON:ALU)?
Apr 28Alumasc Group's (LON:ALU) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 10The Alumasc Group plc's (LON:ALU) CEO Will Probably Have Their Compensation Approved By Shareholders
Oct 20If EPS Growth Is Important To You, Alumasc Group (LON:ALU) Presents An Opportunity
Sep 28Alumasc Group (LON:ALU) Will Pay A Larger Dividend Than Last Year At £0.0665
Sep 09At UK£1.49, Is It Time To Put The Alumasc Group plc (LON:ALU) On Your Watch List?
Sep 03Is The Alumasc Group plc (LON:ALU) Trading At A 41% Discount?
Mar 08Alumasc Group's (LON:ALU) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 10Alumasc Group (LON:ALU) Hasn't Managed To Accelerate Its Returns
Nov 27It's Unlikely That The Alumasc Group plc's (LON:ALU) CEO Will See A Huge Pay Rise This Year
Oct 15Is Now The Time To Look At Buying The Alumasc Group plc (LON:ALU)?
Jun 06Alumasc Group (LON:ALU) May Have Issues Allocating Its Capital
May 24Is Alumasc Group (LON:ALU) A Risky Investment?
May 11Financial Position Analysis
Short Term Liabilities: ALU's short term assets (£38.5M) exceed its short term liabilities (£23.6M).
Long Term Liabilities: ALU's short term assets (£38.5M) exceed its long term liabilities (£27.7M).
Debt to Equity History and Analysis
Debt Level: ALU's net debt to equity ratio (28%) is considered satisfactory.
Reducing Debt: ALU's debt to equity ratio has increased from 23.2% to 55.3% over the past 5 years.
Debt Coverage: ALU's debt is well covered by operating cash flow (101.6%).
Interest Coverage: ALU's interest payments on its debt are well covered by EBIT (12.7x coverage).