Almirall Balance Sheet Health
Financial Health criteria checks 6/6
Almirall has a total shareholder equity of €1.5B and total debt of €354.8M, which brings its debt-to-equity ratio to 23.2%. Its total assets and total liabilities are €2.4B and €820.3M respectively. Almirall's EBIT is €57.4M making its interest coverage ratio 10.8. It has cash and short-term investments of €249.9M.
Key information
23.2%
Debt to equity ratio
€354.80m
Debt
Interest coverage ratio | 10.8x |
Cash | €249.90m |
Equity | €1.53b |
Total liabilities | €820.30m |
Total assets | €2.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALME's short term assets (€733.6M) exceed its short term liabilities (€254.9M).
Long Term Liabilities: ALME's short term assets (€733.6M) exceed its long term liabilities (€565.4M).
Debt to Equity History and Analysis
Debt Level: ALME's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: ALME's debt to equity ratio has reduced from 45.8% to 23.2% over the past 5 years.
Debt Coverage: ALME's debt is well covered by operating cash flow (28.4%).
Interest Coverage: ALME's interest payments on its debt are well covered by EBIT (10.8x coverage).