Alteron REIT Balance Sheet Health
Financial Health criteria checks 3/6
Alteron REIT has a total shareholder equity of BGN41.2M and total debt of BGN40.7M, which brings its debt-to-equity ratio to 98.6%. Its total assets and total liabilities are BGN96.9M and BGN55.6M respectively. Alteron REIT's EBIT is BGN3.1M making its interest coverage ratio 2.4. It has cash and short-term investments of BGN201.0K.
Key information
98.6%
Debt to equity ratio
лв40.65m
Debt
| Interest coverage ratio | 2.4x |
| Cash | лв201.00k |
| Equity | лв41.22m |
| Total liabilities | лв55.64m |
| Total assets | лв96.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALT's short term assets (BGN48.2M) exceed its short term liabilities (BGN19.1M).
Long Term Liabilities: ALT's short term assets (BGN48.2M) exceed its long term liabilities (BGN36.6M).
Debt to Equity History and Analysis
Debt Level: ALT's net debt to equity ratio (98.1%) is considered high.
Reducing Debt: ALT's debt to equity ratio has reduced from 157.5% to 98.6% over the past 5 years.
Debt Coverage: ALT's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: ALT's interest payments on its debt are not well covered by EBIT (2.4x coverage).