Alliance Pharma Balance Sheet Health
Financial Health criteria checks 3/6
Alliance Pharma has a total shareholder equity of £217.9M and total debt of £113.6M, which brings its debt-to-equity ratio to 52.2%. Its total assets and total liabilities are £414.9M and £197.1M respectively. Alliance Pharma's EBIT is £42.6M making its interest coverage ratio 4.3. It has cash and short-term investments of £22.4M.
Key information
52.2%
Debt to equity ratio
UK£113.65m
Debt
Interest coverage ratio | 4.3x |
Cash | UK£22.44m |
Equity | UK£217.87m |
Total liabilities | UK£197.05m |
Total assets | UK£414.92m |
Recent financial health updates
Is Alliance Pharma (LON:APH) A Risky Investment?
Jun 21We Think Alliance Pharma (LON:APH) Is Taking Some Risk With Its Debt
May 26We Think Alliance Pharma (LON:APH) Can Stay On Top Of Its Debt
Sep 30Alliance Pharma (LON:APH) Has A Pretty Healthy Balance Sheet
Mar 30Recent updates
Is Alliance Pharma (LON:APH) A Risky Investment?
Jun 21Not Many Are Piling Into Alliance Pharma plc (LON:APH) Just Yet
Feb 23Estimating The Intrinsic Value Of Alliance Pharma plc (LON:APH)
Nov 21We Think Alliance Pharma (LON:APH) Is Taking Some Risk With Its Debt
May 26Alliance Pharma plc Just Missed Earnings - But Analysts Have Updated Their Models
Mar 24We Think Alliance Pharma (LON:APH) Can Stay On Top Of Its Debt
Sep 30An Intrinsic Calculation For Alliance Pharma plc (LON:APH) Suggests It's 41% Undervalued
May 28Alliance Pharma (LON:APH) Has A Pretty Healthy Balance Sheet
Mar 30Did Alliance Pharma's (LON:APH) Share Price Deserve to Gain 81%?
Dec 24Do Fundamentals Have Any Role To Play In Driving Alliance Pharma plc's (LON:APH) Stock Up Recently?
Nov 19Financial Position Analysis
Short Term Liabilities: APH's short term assets (£104.1M) exceed its short term liabilities (£40.6M).
Long Term Liabilities: APH's short term assets (£104.1M) do not cover its long term liabilities (£156.5M).
Debt to Equity History and Analysis
Debt Level: APH's net debt to equity ratio (41.9%) is considered high.
Reducing Debt: APH's debt to equity ratio has increased from 38.3% to 52.2% over the past 5 years.
Debt Coverage: APH's debt is well covered by operating cash flow (27.6%).
Interest Coverage: APH's interest payments on its debt are well covered by EBIT (4.3x coverage).