Altarea Balance Sheet Health
Financial Health criteria checks 3/6
Altarea has a total shareholder equity of €3.2B and total debt of €2.8B, which brings its debt-to-equity ratio to 86.3%. Its total assets and total liabilities are €8.3B and €5.1B respectively.
Key information
86.3%
Debt to equity ratio
€2.78b
Debt
Interest coverage ratio | n/a |
Cash | €713.10m |
Equity | €3.22b |
Total liabilities | €5.12b |
Total assets | €8.34b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ALTA's short term assets (€3.4B) exceed its short term liabilities (€2.7B).
Long Term Liabilities: ALTA's short term assets (€3.4B) exceed its long term liabilities (€2.4B).
Debt to Equity History and Analysis
Debt Level: ALTA's net debt to equity ratio (64.2%) is considered high.
Reducing Debt: ALTA's debt to equity ratio has reduced from 104.3% to 86.3% over the past 5 years.
Debt Coverage: ALTA's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: Insufficient data to determine if ALTA's interest payments on its debt are well covered by EBIT.