Aperam Balance Sheet Health
Financial Health criteria checks 5/6
Aperam has a total shareholder equity of €3.5B and total debt of €834.0M, which brings its debt-to-equity ratio to 24.2%. Its total assets and total liabilities are €6.2B and €2.8B respectively. Aperam's EBIT is €40.0M making its interest coverage ratio 8. It has cash and short-term investments of €443.0M.
Key information
24.2%
Debt to equity ratio
€834.00m
Debt
Interest coverage ratio | 8x |
Cash | €443.00m |
Equity | €3.45b |
Total liabilities | €2.76b |
Total assets | €6.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APAMA's short term assets (€3.3B) exceed its short term liabilities (€1.9B).
Long Term Liabilities: APAMA's short term assets (€3.3B) exceed its long term liabilities (€913.0M).
Debt to Equity History and Analysis
Debt Level: APAMA's net debt to equity ratio (11.3%) is considered satisfactory.
Reducing Debt: APAMA's debt to equity ratio has increased from 9.6% to 24.2% over the past 5 years.
Debt Coverage: APAMA's debt is well covered by operating cash flow (56.5%).
Interest Coverage: APAMA's interest payments on its debt are well covered by EBIT (8x coverage).