Alfen Balance Sheet Health
Financial Health criteria checks 5/6
Alfen has a total shareholder equity of €179.6M and total debt of €44.1M, which brings its debt-to-equity ratio to 24.5%. Its total assets and total liabilities are €396.0M and €216.4M respectively. Alfen's EBIT is €42.9M making its interest coverage ratio 12.7. It has cash and short-term investments of €2.1M.
Key information
24.5%
Debt to equity ratio
€44.07m
Debt
Interest coverage ratio | 12.7x |
Cash | €2.07m |
Equity | €179.61m |
Total liabilities | €216.36m |
Total assets | €395.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 703's short term assets (€314.5M) exceed its short term liabilities (€190.7M).
Long Term Liabilities: 703's short term assets (€314.5M) exceed its long term liabilities (€25.7M).
Debt to Equity History and Analysis
Debt Level: 703's net debt to equity ratio (23.4%) is considered satisfactory.
Reducing Debt: 703's debt to equity ratio has reduced from 249.3% to 24.5% over the past 5 years.
Debt Coverage: 703's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: 703's interest payments on its debt are well covered by EBIT (12.7x coverage).