ALBA Balance Sheet Health
Financial Health criteria checks 6/6
ALBA has a total shareholder equity of €135.0M and total debt of €1.5M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are €199.7M and €64.7M respectively. ALBA's EBIT is €606.0K making its interest coverage ratio -0.8. It has cash and short-term investments of €344.0K.
Key information
1.1%
Debt to equity ratio
€1.51m
Debt
| Interest coverage ratio | -0.8x |
| Cash | €344.00k |
| Equity | €134.97m |
| Total liabilities | €64.70m |
| Total assets | €199.68m |
Recent financial health updates
ALBA (FRA:ABA) Could Easily Take On More Debt
Jun 29
These 4 Measures Indicate That ALBA (FRA:ABA) Is Using Debt Reasonably Well
Dec 20Here's Why ALBA (FRA:ABA) Can Afford Some Debt
Apr 28Recent updates
ALBA (FRA:ABA) Could Easily Take On More Debt
Jun 29These 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 (€145.7M) exceed its short term liabilities (€38.8M).
Long Term Liabilities: ABA's short term assets (€145.7M) exceed its long term liabilities (€25.9M).
Debt to Equity History and Analysis
Debt Level: ABA's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: ABA's debt to equity ratio has reduced from 4% to 1.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ABA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ABA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 2.9% per year.