ALS Balance Sheet Health
Financial Health criteria checks 2/6
ALS has a total shareholder equity of A$1.4B and total debt of A$1.3B, which brings its debt-to-equity ratio to 94%. Its total assets and total liabilities are A$3.5B and A$2.1B respectively. ALS's EBIT is A$468.3M making its interest coverage ratio 9.5. It has cash and short-term investments of A$192.0M.
Key information
94.0%
Debt to equity ratio
AU$1.35b
Debt
Interest coverage ratio | 9.5x |
Cash | AU$192.00m |
Equity | AU$1.43b |
Total liabilities | AU$2.10b |
Total assets | AU$3.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CP4's short term assets (A$831.0M) do not cover its short term liabilities (A$863.6M).
Long Term Liabilities: CP4's short term assets (A$831.0M) do not cover its long term liabilities (A$1.2B).
Debt to Equity History and Analysis
Debt Level: CP4's net debt to equity ratio (80.6%) is considered high.
Reducing Debt: CP4's debt to equity ratio has increased from 67.3% to 94% over the past 5 years.
Debt Coverage: CP4's debt is well covered by operating cash flow (30.8%).
Interest Coverage: CP4's interest payments on its debt are well covered by EBIT (9.5x coverage).