ALS Balance Sheet Health
Financial Health criteria checks 3/6
ALS has a total shareholder equity of A$1.1B and total debt of A$1.6B, which brings its debt-to-equity ratio to 142.7%. Its total assets and total liabilities are A$3.8B and A$2.7B respectively. ALS's EBIT is A$468.4M making its interest coverage ratio 6.4. It has cash and short-term investments of A$254.6M.
Key information
142.7%
Debt to equity ratio
AU$1.64b
Debt
| Interest coverage ratio | 6.4x |
| Cash | AU$254.60m |
| Equity | AU$1.15b |
| Total liabilities | AU$2.66b |
| Total assets | AU$3.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CP4's short term assets (A$1.0B) exceed its short term liabilities (A$713.7M).
Long Term Liabilities: CP4's short term assets (A$1.0B) do not cover its long term liabilities (A$1.9B).
Debt to Equity History and Analysis
Debt Level: CP4's net debt to equity ratio (120.5%) is considered high.
Reducing Debt: CP4's debt to equity ratio has increased from 73.8% to 142.7% over the past 5 years.
Debt Coverage: CP4's debt is well covered by operating cash flow (22.9%).
Interest Coverage: CP4's interest payments on its debt are well covered by EBIT (6.4x coverage).