Almirall Balance Sheet Health
Financial Health criteria checks 6/6
Almirall has a total shareholder equity of €1.5B and total debt of €346.7M, which brings its debt-to-equity ratio to 23.6%. Its total assets and total liabilities are €2.3B and €839.2M respectively. Almirall's EBIT is €37.0M making its interest coverage ratio 4.5. It has cash and short-term investments of €343.1M.
Key information
23.6%
Debt to equity ratio
€346.70m
Debt
| Interest coverage ratio | 4.5x |
| Cash | €343.10m |
| Equity | €1.47b |
| Total liabilities | €839.20m |
| Total assets | €2.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALM's short term assets (€704.4M) exceed its short term liabilities (€270.3M).
Long Term Liabilities: ALM's short term assets (€704.4M) exceed its long term liabilities (€568.9M).
Debt to Equity History and Analysis
Debt Level: ALM's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: ALM's debt to equity ratio has reduced from 42.1% to 23.6% over the past 5 years.
Debt Coverage: ALM's debt is well covered by operating cash flow (43.1%).
Interest Coverage: ALM's interest payments on its debt are well covered by EBIT (4.5x coverage).