Alstom Balance Sheet Health
Financial Health criteria checks 3/6
Alstom has a total shareholder equity of €8.8B and total debt of €4.0B, which brings its debt-to-equity ratio to 45.7%. Its total assets and total liabilities are €33.3B and €24.5B respectively. Alstom's EBIT is €465.0M making its interest coverage ratio 3. It has cash and short-term investments of €976.0M.
Key information
45.7%
Debt to equity ratio
€4.01b
Debt
| Interest coverage ratio | 3x |
| Cash | €976.00m |
| Equity | €8.78b |
| Total liabilities | €24.48b |
| Total assets | €33.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALSO's short term assets (€17.0B) do not cover its short term liabilities (€19.7B).
Long Term Liabilities: ALSO's short term assets (€17.0B) exceed its long term liabilities (€4.7B).
Debt to Equity History and Analysis
Debt Level: ALSO's net debt to equity ratio (34.6%) is considered satisfactory.
Reducing Debt: ALSO's debt to equity ratio has increased from 26.5% to 45.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ALSO has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ALSO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.