Corporación Financiera Alba Balance Sheet Health
Financial Health criteria checks 4/6
Corporación Financiera Alba has a total shareholder equity of €4.6B and total debt of €550.7M, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are €5.3B and €704.0M respectively. Corporación Financiera Alba's EBIT is €208.0M making its interest coverage ratio -13.7. It has cash and short-term investments of €304.7M.
Key information
11.9%
Debt to equity ratio
€550.70m
Debt
| Interest coverage ratio | -13.7x |
| Cash | €304.70m |
| Equity | €4.62b |
| Total liabilities | €704.00m |
| Total assets | €5.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALBE's short term assets (€695.0M) exceed its short term liabilities (€463.5M).
Long Term Liabilities: ALBE's short term assets (€695.0M) exceed its long term liabilities (€240.5M).
Debt to Equity History and Analysis
Debt Level: ALBE's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: ALBE's debt to equity ratio has increased from 4.9% to 11.9% over the past 5 years.
Debt Coverage: ALBE's debt is not well covered by operating cash flow (17.9%).
Interest Coverage: ALBE earns more interest than it pays, so coverage of interest payments is not a concern.