Aluminium Bahrain B.S.C Balance Sheet Health
Financial Health criteria checks 6/6
Aluminium Bahrain B.S.C has a total shareholder equity of BHD1.8B and total debt of BHD585.8M, which brings its debt-to-equity ratio to 32.7%. Its total assets and total liabilities are BHD2.6B and BHD764.3M respectively. Aluminium Bahrain B.S.C's EBIT is BHD157.1M making its interest coverage ratio 3.6. It has cash and short-term investments of BHD65.0M.
Key information
32.7%
Debt to equity ratio
ب.د585.84m
Debt
Interest coverage ratio | 3.6x |
Cash | ب.د65.01m |
Equity | ب.د1.79b |
Total liabilities | ب.د764.33m |
Total assets | ب.د2.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALBH's short term assets (BHD640.5M) exceed its short term liabilities (BHD371.9M).
Long Term Liabilities: ALBH's short term assets (BHD640.5M) exceed its long term liabilities (BHD392.4M).
Debt to Equity History and Analysis
Debt Level: ALBH's net debt to equity ratio (29.1%) is considered satisfactory.
Reducing Debt: ALBH's debt to equity ratio has reduced from 80.1% to 32.7% over the past 5 years.
Debt Coverage: ALBH's debt is well covered by operating cash flow (56.1%).
Interest Coverage: ALBH's interest payments on its debt are well covered by EBIT (3.6x coverage).