ALTEO Energy Services Balance Sheet Health
Financial Health criteria checks 6/6
ALTEO Energy Services has a total shareholder equity of HUF33.9B and total debt of HUF24.1B, which brings its debt-to-equity ratio to 71.1%. Its total assets and total liabilities are HUF92.0B and HUF58.1B respectively. ALTEO Energy Services's EBIT is HUF15.2B making its interest coverage ratio -40.2. It has cash and short-term investments of HUF24.3B.
Key information
71.1%
Debt to equity ratio
Ft24.07b
Debt
| Interest coverage ratio | -40.2x |
| Cash | Ft24.35b |
| Equity | Ft33.85b |
| Total liabilities | Ft58.12b |
| Total assets | Ft91.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 54O's short term assets (HUF48.4B) exceed its short term liabilities (HUF29.5B).
Long Term Liabilities: 54O's short term assets (HUF48.4B) exceed its long term liabilities (HUF28.7B).
Debt to Equity History and Analysis
Debt Level: 54O has more cash than its total debt.
Reducing Debt: 54O's debt to equity ratio has reduced from 184% to 71.1% over the past 5 years.
Debt Coverage: 54O's debt is well covered by operating cash flow (96.2%).
Interest Coverage: 54O earns more interest than it pays, so coverage of interest payments is not a concern.