Alumasc Group Balance Sheet Health
Financial Health criteria checks 6/6
Alumasc Group has a total shareholder equity of £33.5M and total debt of £13.7M, which brings its debt-to-equity ratio to 40.7%. Its total assets and total liabilities are £82.4M and £48.9M respectively. Alumasc Group's EBIT is £13.5M making its interest coverage ratio 10.6. It has cash and short-term investments of £6.4M.
Key information
40.7%
Debt to equity ratio
UK£13.66m
Debt
| Interest coverage ratio | 10.6x |
| Cash | UK£6.41m |
| Equity | UK£33.54m |
| Total liabilities | UK£48.88m |
| Total assets | UK£82.41m |
Recent financial health updates
Recent updates
Alumasc Group (LON:ALU) Is Increasing Its Dividend To £0.073
Sep 24
Alumasc Group's (LON:ALU) Dividend Will Be Increased To £0.073
Sep 06The Alumasc Group plc's (LON:ALU) Price Is Right But Growth Is Lacking After Shares Rocket 27%
Sep 05Is Now The Time To Put Alumasc Group (LON:ALU) On Your Watchlist?
Sep 04Should You Investigate The Alumasc Group plc (LON:ALU) At UK£2.26?
Jul 19Alumasc Group (LON:ALU) Is Increasing Its Dividend To £0.069
Sep 24Alumasc Group (LON:ALU) Will Pay A Larger Dividend Than Last Year At £0.069
Sep 08The Alumasc Group plc's (LON:ALU) Intrinsic Value Is Potentially 46% Above Its Share Price
Jul 19When Should You Buy The Alumasc Group plc (LON:ALU)?
Apr 28Alumasc Group's (LON:ALU) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 10The Alumasc Group plc's (LON:ALU) CEO Will Probably Have Their Compensation Approved By Shareholders
Oct 20If EPS Growth Is Important To You, Alumasc Group (LON:ALU) Presents An Opportunity
Sep 28Alumasc Group (LON:ALU) Will Pay A Larger Dividend Than Last Year At £0.0665
Sep 09At UK£1.49, Is It Time To Put The Alumasc Group plc (LON:ALU) On Your Watch List?
Sep 03Is The Alumasc Group plc (LON:ALU) Trading At A 41% Discount?
Mar 08Alumasc Group's (LON:ALU) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 10Alumasc Group (LON:ALU) Hasn't Managed To Accelerate Its Returns
Nov 27It's Unlikely That The Alumasc Group plc's (LON:ALU) CEO Will See A Huge Pay Rise This Year
Oct 15Is Now The Time To Look At Buying The Alumasc Group plc (LON:ALU)?
Jun 06Alumasc Group (LON:ALU) May Have Issues Allocating Its Capital
May 24Is Alumasc Group (LON:ALU) A Risky Investment?
May 11Financial Position Analysis
Short Term Liabilities: ALU's short term assets (£41.1M) exceed its short term liabilities (£24.8M).
Long Term Liabilities: ALU's short term assets (£41.1M) exceed its long term liabilities (£24.1M).
Debt to Equity History and Analysis
Debt Level: ALU's net debt to equity ratio (21.6%) is considered satisfactory.
Reducing Debt: ALU's debt to equity ratio has reduced from 51.5% to 40.7% over the past 5 years.
Debt Coverage: ALU's debt is well covered by operating cash flow (103.4%).
Interest Coverage: ALU's interest payments on its debt are well covered by EBIT (10.6x coverage).