Almirall Balance Sheet Health
Financial Health criteria checks 6/6
Almirall has a total shareholder equity of €1.5B and total debt of €352.3M, which brings its debt-to-equity ratio to 23.9%. Its total assets and total liabilities are €2.3B and €831.0M respectively. Almirall's EBIT is €42.4M making its interest coverage ratio 5.8. It has cash and short-term investments of €314.3M.
Key information
23.9%
Debt to equity ratio
€352.30m
Debt
Interest coverage ratio | 5.8x |
Cash | €314.30m |
Equity | €1.48b |
Total liabilities | €831.00m |
Total assets | €2.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALM's short term assets (€664.1M) exceed its short term liabilities (€259.6M).
Long Term Liabilities: ALM's short term assets (€664.1M) exceed its long term liabilities (€571.4M).
Debt to Equity History and Analysis
Debt Level: ALM's net debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: ALM's debt to equity ratio has reduced from 43.1% to 23.9% over the past 5 years.
Debt Coverage: ALM's debt is well covered by operating cash flow (32.8%).
Interest Coverage: ALM's interest payments on its debt are well covered by EBIT (5.8x coverage).