Albany International Balance Sheet Health
Financial Health criteria checks 6/6
Albany International has a total shareholder equity of $967.3M and total debt of $456.9M, which brings its debt-to-equity ratio to 47.2%. Its total assets and total liabilities are $1.8B and $867.7M respectively. Albany International's EBIT is $183.3M making its interest coverage ratio 13.5. It has cash and short-term investments of $173.4M.
Key information
47.2%
Debt to equity ratio
US$456.89m
Debt
Interest coverage ratio | 13.5x |
Cash | US$173.42m |
Equity | US$967.32m |
Total liabilities | US$867.69m |
Total assets | US$1.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AII's short term assets ($878.0M) exceed its short term liabilities ($248.7M).
Long Term Liabilities: AII's short term assets ($878.0M) exceed its long term liabilities ($619.0M).
Debt to Equity History and Analysis
Debt Level: AII's net debt to equity ratio (29.3%) is considered satisfactory.
Reducing Debt: AII's debt to equity ratio has reduced from 82% to 47.2% over the past 5 years.
Debt Coverage: AII's debt is well covered by operating cash flow (32.4%).
Interest Coverage: AII's interest payments on its debt are well covered by EBIT (13.5x coverage).