Alamo Group Balance Sheet Health
Financial Health criteria checks 6/6
Alamo Group has a total shareholder equity of $1.0B and total debt of $224.2M, which brings its debt-to-equity ratio to 22%. Its total assets and total liabilities are $1.5B and $463.6M respectively. Alamo Group's EBIT is $175.2M making its interest coverage ratio 8.2. It has cash and short-term investments of $140.0M.
Key information
22.0%
Debt to equity ratio
US$224.16m
Debt
| Interest coverage ratio | 8.2x |
| Cash | US$140.04m |
| Equity | US$1.02b |
| Total liabilities | US$463.62m |
| Total assets | US$1.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AL3's short term assets ($879.6M) exceed its short term liabilities ($212.0M).
Long Term Liabilities: AL3's short term assets ($879.6M) exceed its long term liabilities ($251.6M).
Debt to Equity History and Analysis
Debt Level: AL3's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: AL3's debt to equity ratio has reduced from 27.2% to 22% over the past 5 years.
Debt Coverage: AL3's debt is well covered by operating cash flow (82.4%).
Interest Coverage: AL3's interest payments on its debt are well covered by EBIT (8.2x coverage).