Aluminium Bahrain B.S.C.

BAX:ALBH Stock Report

Market Cap: ب.د1.5b

Aluminium Bahrain B.S.C Balance Sheet Health

Financial Health criteria checks 5/6

Aluminium Bahrain B.S.C has a total shareholder equity of BHD1.8B and total debt of BHD594.8M, which brings its debt-to-equity ratio to 33.1%. Its total assets and total liabilities are BHD2.6B and BHD780.6M respectively. Aluminium Bahrain B.S.C's EBIT is BHD139.3M making its interest coverage ratio 3. It has cash and short-term investments of BHD87.3M.

Key information

33.1%

Debt to equity ratio

ب.د594.84m

Debt

Interest coverage ratio3x
Cashب.د87.31m
Equityب.د1.79b
Total liabilitiesب.د780.60m
Total assetsب.د2.58b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: ALBH's short term assets (BHD674.5M) exceed its short term liabilities (BHD391.4M).

Long Term Liabilities: ALBH's short term assets (BHD674.5M) exceed its long term liabilities (BHD389.2M).


Debt to Equity History and Analysis

Debt Level: ALBH's net debt to equity ratio (28.3%) is considered satisfactory.

Reducing Debt: ALBH's debt to equity ratio has reduced from 87% to 33.1% over the past 5 years.

Debt Coverage: ALBH's debt is well covered by operating cash flow (57.4%).

Interest Coverage: ALBH's interest payments on its debt are not well covered by EBIT (3x coverage).


Balance Sheet


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