Altea Green Power Balance Sheet Health
Financial Health criteria checks 6/6
Altea Green Power has a total shareholder equity of €22.7M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €50.0M and €27.3M respectively. Altea Green Power's EBIT is €10.6M making its interest coverage ratio 29. It has cash and short-term investments of €4.2M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | 29x |
| Cash | €4.17m |
| Equity | €22.71m |
| Total liabilities | €27.27m |
| Total assets | €49.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Q51's short term assets (€47.4M) exceed its short term liabilities (€22.9M).
Long Term Liabilities: Q51's short term assets (€47.4M) exceed its long term liabilities (€4.4M).
Debt to Equity History and Analysis
Debt Level: Q51 is debt free.
Reducing Debt: Q51 had no debt 5 years ago.
Debt Coverage: Q51 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: Q51 has no debt, therefore coverage of interest payments is not a concern.