Alten Balance Sheet Health
Financial Health criteria checks 6/6
Alten has a total shareholder equity of €2.1B and total debt of €118.1M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are €3.5B and €1.4B respectively. Alten's EBIT is €346.1M making its interest coverage ratio -121.3. It has cash and short-term investments of €302.3M.
Key information
5.6%
Debt to equity ratio
€118.13m
Debt
| Interest coverage ratio | -121.3x |
| Cash | €302.31m |
| Equity | €2.13b |
| Total liabilities | €1.37b |
| Total assets | €3.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATEP's short term assets (€1.8B) exceed its short term liabilities (€1.1B).
Long Term Liabilities: ATEP's short term assets (€1.8B) exceed its long term liabilities (€260.8M).
Debt to Equity History and Analysis
Debt Level: ATEP has more cash than its total debt.
Reducing Debt: ATEP's debt to equity ratio has reduced from 13.5% to 5.6% over the past 5 years.
Debt Coverage: ATEP's debt is well covered by operating cash flow (307%).
Interest Coverage: ATEP earns more interest than it pays, so coverage of interest payments is not a concern.