Alten Balance Sheet Health
Financial Health criteria checks 5/6
Alten has a total shareholder equity of €2.0B and total debt of €112.5M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are €3.4B and €1.4B respectively. Alten's EBIT is €350.0M making its interest coverage ratio -212.5. It has cash and short-term investments of €410.9M.
Key information
5.5%
Debt to equity ratio
€112.51m
Debt
Interest coverage ratio | -212.5x |
Cash | €410.93m |
Equity | €2.04b |
Total liabilities | €1.37b |
Total assets | €3.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0O1S's short term assets (€1.9B) exceed its short term liabilities (€1.1B).
Long Term Liabilities: 0O1S's short term assets (€1.9B) exceed its long term liabilities (€236.6M).
Debt to Equity History and Analysis
Debt Level: 0O1S has more cash than its total debt.
Reducing Debt: 0O1S's debt to equity ratio has increased from 0.6% to 5.5% over the past 5 years.
Debt Coverage: 0O1S's debt is well covered by operating cash flow (214.3%).
Interest Coverage: 0O1S earns more interest than it pays, so coverage of interest payments is not a concern.