ALBIS Leasing Balance Sheet Health
Financial Health criteria checks 1/6
ALBIS Leasing has a total shareholder equity of €31.2M and total debt of €185.9M, which brings its debt-to-equity ratio to 595%. Its total assets and total liabilities are €238.8M and €207.6M respectively. ALBIS Leasing's EBIT is €8.7M making its interest coverage ratio 1.8. It has cash and short-term investments of €6.6M.
Key information
595.0%
Debt to equity ratio
€185.87m
Debt
| Interest coverage ratio | 1.8x |
| Cash | €6.56m |
| Equity | €31.24m |
| Total liabilities | €207.58m |
| Total assets | €238.82m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ALG's short term assets (€77.9M) do not cover its short term liabilities (€91.2M).
Long Term Liabilities: ALG's short term assets (€77.9M) do not cover its long term liabilities (€116.4M).
Debt to Equity History and Analysis
Debt Level: ALG's net debt to equity ratio (574%) is considered high.
Reducing Debt: ALG's debt to equity ratio has reduced from 712.2% to 595% over the past 5 years.
Debt Coverage: ALG's debt is not well covered by operating cash flow (6%).
Interest Coverage: ALG's interest payments on its debt are not well covered by EBIT (1.8x coverage).