Alerion Clean Power Balance Sheet Health
Financial Health criteria checks 2/6
Alerion Clean Power has a total shareholder equity of €326.7M and total debt of €862.9M, which brings its debt-to-equity ratio to 264.1%. Its total assets and total liabilities are €1.4B and €1.1B respectively. Alerion Clean Power's EBIT is €91.7M making its interest coverage ratio 5.8. It has cash and short-term investments of €343.2M.
Key information
264.1%
Debt to equity ratio
€862.86m
Debt
Interest coverage ratio | 5.8x |
Cash | €343.16m |
Equity | €326.73m |
Total liabilities | €1.11b |
Total assets | €1.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FCW3's short term assets (€493.1M) exceed its short term liabilities (€181.6M).
Long Term Liabilities: FCW3's short term assets (€493.1M) do not cover its long term liabilities (€926.5M).
Debt to Equity History and Analysis
Debt Level: FCW3's net debt to equity ratio (159.1%) is considered high.
Reducing Debt: FCW3's debt to equity ratio has increased from 206.4% to 264.1% over the past 5 years.
Debt Coverage: FCW3's debt is not well covered by operating cash flow (10%).
Interest Coverage: FCW3's interest payments on its debt are well covered by EBIT (5.8x coverage).