Aalberts Balance Sheet Health
Financial Health criteria checks 6/6
Aalberts has a total shareholder equity of €2.6B and total debt of €632.8M, which brings its debt-to-equity ratio to 24.7%. Its total assets and total liabilities are €4.3B and €1.7B respectively. Aalberts's EBIT is €406.1M making its interest coverage ratio 15.3. It has cash and short-term investments of €61.7M.
Key information
24.7%
Debt to equity ratio
€632.80m
Debt
| Interest coverage ratio | 15.3x |
| Cash | €61.70m |
| Equity | €2.57b |
| Total liabilities | €1.74b |
| Total assets | €4.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0NX1's short term assets (€1.5B) exceed its short term liabilities (€1.1B).
Long Term Liabilities: 0NX1's short term assets (€1.5B) exceed its long term liabilities (€674.4M).
Debt to Equity History and Analysis
Debt Level: 0NX1's net debt to equity ratio (22.3%) is considered satisfactory.
Reducing Debt: 0NX1's debt to equity ratio has reduced from 55.5% to 24.7% over the past 5 years.
Debt Coverage: 0NX1's debt is well covered by operating cash flow (71.1%).
Interest Coverage: 0NX1's interest payments on its debt are well covered by EBIT (15.3x coverage).