Alm. Brand Balance Sheet Health
Financial Health criteria checks 3/6
Alm. Brand has a total shareholder equity of DKK13.3B and total debt of DKK1.7B, which brings its debt-to-equity ratio to 12.9%. Its total assets and total liabilities are DKK36.4B and DKK23.1B respectively. Alm. Brand's EBIT is DKK2.0B making its interest coverage ratio 16.4. It has cash and short-term investments of DKK416.0M.
Key information
12.9%
Debt to equity ratio
DKK 1.71b
Debt
| Interest coverage ratio | 16.4x |
| Cash | DKK 416.00m |
| Equity | DKK 13.30b |
| Total liabilities | DKK 23.12b |
| Total assets | DKK 36.42b |
Recent financial health updates
No updates
Recent updates
Investors Interested In Alm. Brand A/S' (CPH:ALMB) Earnings
Oct 13
Cautious Investors Not Rewarding Alm. Brand A/S' (CPH:ALMB) Performance Completely
Jul 01Alm. Brand (CPH:ALMB) Has Affirmed Its Dividend Of DKK0.30
Apr 05Alm. Brand (CPH:ALMB) Will Pay A Dividend Of DKK0.30
Feb 12Industry Analysts Just Made A Massive Upgrade To Their Alm. Brand A/S (CPH:ALMB) Revenue Forecasts
Dec 05Update: Alm. Brand (CPH:ALMB) Stock Gained 63% In The Last Year
Mar 16Something To Consider Before Buying Alm. Brand A/S (CPH:ALMB) For The 5.6% Dividend
Feb 23Financial Position Analysis
Short Term Liabilities: ALMB's short term assets (DKK2.4B) do not cover its short term liabilities (DKK2.9B).
Long Term Liabilities: ALMB's short term assets (DKK2.4B) do not cover its long term liabilities (DKK20.2B).
Debt to Equity History and Analysis
Debt Level: ALMB's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: ALMB's debt to equity ratio has reduced from 42% to 12.9% over the past 5 years.
Debt Coverage: ALMB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ALMB's interest payments on its debt are well covered by EBIT (16.4x coverage).