Allane Balance Sheet Health
Financial Health criteria checks 2/6
Allane has a total shareholder equity of €235.6M and total debt of €828.2M, which brings its debt-to-equity ratio to 351.5%. Its total assets and total liabilities are €1.3B and €1.1B respectively. Allane's EBIT is €23.3M making its interest coverage ratio 3.1. It has cash and short-term investments of €2.6M.
Key information
351.5%
Debt to equity ratio
€828.19m
Debt
| Interest coverage ratio | 3.1x |
| Cash | €2.63m |
| Equity | €235.63m |
| Total liabilities | €1.06b |
| Total assets | €1.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0R88's short term assets (€149.4M) do not cover its short term liabilities (€412.4M).
Long Term Liabilities: 0R88's short term assets (€149.4M) do not cover its long term liabilities (€644.5M).
Debt to Equity History and Analysis
Debt Level: 0R88's net debt to equity ratio (350.4%) is considered high.
Reducing Debt: 0R88's debt to equity ratio has reduced from 516.1% to 351.5% over the past 5 years.
Debt Coverage: 0R88's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 0R88's interest payments on its debt are well covered by EBIT (3.1x coverage).