Allfunds Group Balance Sheet Health
Financial Health criteria checks 5/6
Allfunds Group has a total shareholder equity of €2.3B and total debt of €409.4M, which brings its debt-to-equity ratio to 18.1%. Its total assets and total liabilities are €6.0B and €3.8B respectively. Allfunds Group's EBIT is €204.1M making its interest coverage ratio 141.4. It has cash and short-term investments of €2.6B.
Key information
18.1%
Debt to equity ratio
€409.36m
Debt
| Interest coverage ratio | 141.4x |
| Cash | €2.61b |
| Equity | €2.27b |
| Total liabilities | €3.77b |
| Total assets | €6.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALLFGA's short term assets (€3.6B) exceed its short term liabilities (€3.2B).
Long Term Liabilities: ALLFGA's short term assets (€3.6B) exceed its long term liabilities (€588.5M).
Debt to Equity History and Analysis
Debt Level: ALLFGA has more cash than its total debt.
Reducing Debt: ALLFGA's debt to equity ratio has increased from 0.6% to 18.1% over the past 5 years.
Debt Coverage: ALLFGA's debt is well covered by operating cash flow (33.2%).
Interest Coverage: ALLFGA's interest payments on its debt are well covered by EBIT (141.4x coverage).