ALBA Balance Sheet Health
Financial Health criteria checks 6/6
ALBA has a total shareholder equity of €136.2M and total debt of €4.9M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are €207.5M and €71.3M respectively. ALBA's EBIT is €5.2M making its interest coverage ratio 6.7. It has cash and short-term investments of €481.0K.
Key information
3.6%
Debt to equity ratio
€4.88m
Debt
| Interest coverage ratio | 6.7x |
| Cash | €481.00k |
| Equity | €136.20m |
| Total liabilities | €71.34m |
| Total assets | €207.54m |
Recent financial health updates
These 4 Measures Indicate That ALBA (FRA:ABA) Is Using Debt Reasonably Well
Dec 20
Here's Why ALBA (FRA:ABA) Can Afford Some Debt
Apr 28Recent updates
These 4 Measures Indicate That ALBA (FRA:ABA) Is Using Debt Reasonably Well
Dec 20We Like These Underlying Return On Capital Trends At ALBA (FRA:ABA)
Aug 23ALBA (FRA:ABA) Hasn't Managed To Accelerate Its Returns
Jan 20A Look At The Fair Value Of ALBA SE (FRA:ABA)
Nov 12ALBA SE's (FRA:ABA) Business Is Yet to Catch Up With Its Share Price
Sep 08Returns On Capital Are Showing Encouraging Signs At ALBA (FRA:ABA)
Jun 08Returns At ALBA (FRA:ABA) Are On The Way Up
Nov 13Here's Why ALBA (FRA:ABA) Can Afford Some Debt
Apr 28Would ALBA SE (FRA:ABA) Be Valuable To Income Investors?
Mar 30Calculating The Fair Value Of ALBA SE (FRA:ABA)
Feb 23ALBA (FRA:ABA) Has Compensated Shareholders With A Respectable 73% Return On Their Investment
Jan 17
Read This Before Buying ALBA SE (FRA:ABA) For Its Dividend
Dec 13Financial Position Analysis
Short Term Liabilities: ABA's short term assets (€156.2M) exceed its short term liabilities (€46.7M).
Long Term Liabilities: ABA's short term assets (€156.2M) exceed its long term liabilities (€24.7M).
Debt to Equity History and Analysis
Debt Level: ABA's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: ABA's debt to equity ratio has reduced from 7.5% to 3.6% over the past 5 years.
Debt Coverage: ABA's debt is well covered by operating cash flow (453.6%).
Interest Coverage: ABA's interest payments on its debt are well covered by EBIT (6.7x coverage).