Alliance Pharma Balance Sheet Health
Financial Health criteria checks 4/6
Alliance Pharma has a total shareholder equity of £277.0M and total debt of £120.6M, which brings its debt-to-equity ratio to 43.6%. Its total assets and total liabilities are £513.7M and £236.8M respectively. Alliance Pharma's EBIT is £25.4M making its interest coverage ratio 3.2. It has cash and short-term investments of £26.1M.
Key information
43.6%
Debt to equity ratio
UK£120.64m
Debt
| Interest coverage ratio | 3.2x |
| Cash | UK£26.11m |
| Equity | UK£276.96m |
| Total liabilities | UK£236.76m |
| Total assets | UK£513.72m |
Recent financial health updates
We Think Alliance Pharma (LON:APH) Is Taking Some Risk With Its Debt
May 26
We Think Alliance Pharma (LON:APH) Can Stay On Top Of Its Debt
Sep 30Alliance Pharma (LON:APH) Has A Pretty Healthy Balance Sheet
Mar 30Recent updates
Not Many Are Piling Into Alliance Pharma plc (LON:APH) Just Yet
Feb 23Estimating The Intrinsic Value Of Alliance Pharma plc (LON:APH)
Nov 21We Think Alliance Pharma (LON:APH) Is Taking Some Risk With Its Debt
May 26Alliance Pharma plc Just Missed Earnings - But Analysts Have Updated Their Models
Mar 24We Think Alliance Pharma (LON:APH) Can Stay On Top Of Its Debt
Sep 30An Intrinsic Calculation For Alliance Pharma plc (LON:APH) Suggests It's 41% Undervalued
May 28Alliance Pharma (LON:APH) Has A Pretty Healthy Balance Sheet
Mar 30Did Alliance Pharma's (LON:APH) Share Price Deserve to Gain 81%?
Dec 24Do Fundamentals Have Any Role To Play In Driving Alliance Pharma plc's (LON:APH) Stock Up Recently?
Nov 19
Financial Position Analysis
Short Term Liabilities: APH's short term assets (£94.7M) exceed its short term liabilities (£49.0M).
Long Term Liabilities: APH's short term assets (£94.7M) do not cover its long term liabilities (£187.7M).
Debt to Equity History and Analysis
Debt Level: APH's net debt to equity ratio (34.1%) is considered satisfactory.
Reducing Debt: APH's debt to equity ratio has increased from 41.8% to 43.6% over the past 5 years.
Debt Coverage: APH's debt is well covered by operating cash flow (24.1%).
Interest Coverage: APH's interest payments on its debt are well covered by EBIT (3.2x coverage).