Alamo Group Balance Sheet Health
Financial Health criteria checks 5/6
Alamo Group has a total shareholder equity of $932.8M and total debt of $235.2M, which brings its debt-to-equity ratio to 25.2%. Its total assets and total liabilities are $1.4B and $476.6M respectively. Alamo Group's EBIT is $198.0M making its interest coverage ratio 8. It has cash and short-term investments of $51.9M.
Key information
25.2%
Debt to equity ratio
US$235.20m
Debt
Interest coverage ratio | 8x |
Cash | US$51.92m |
Equity | US$932.76m |
Total liabilities | US$476.62m |
Total assets | US$1.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AL3's short term assets ($804.0M) exceed its short term liabilities ($213.9M).
Long Term Liabilities: AL3's short term assets ($804.0M) exceed its long term liabilities ($262.7M).
Debt to Equity History and Analysis
Debt Level: AL3's net debt to equity ratio (19.6%) is considered satisfactory.
Reducing Debt: AL3's debt to equity ratio has increased from 16.8% to 25.2% over the past 5 years.
Debt Coverage: AL3's debt is well covered by operating cash flow (55.8%).
Interest Coverage: AL3's interest payments on its debt are well covered by EBIT (8x coverage).