Alerion Clean Power Balance Sheet Health
Financial Health criteria checks 4/6
Alerion Clean Power has a total shareholder equity of €307.6M and total debt of €709.0M, which brings its debt-to-equity ratio to 230.5%. Its total assets and total liabilities are €1.3B and €996.4M respectively. Alerion Clean Power's EBIT is €137.2M making its interest coverage ratio 7.8. It has cash and short-term investments of €239.4M.
Key information
230.5%
Debt to equity ratio
€708.97m
Debt
Interest coverage ratio | 7.8x |
Cash | €239.42m |
Equity | €307.58m |
Total liabilities | €996.36m |
Total assets | €1.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARNM's short term assets (€381.7M) exceed its short term liabilities (€210.4M).
Long Term Liabilities: ARNM's short term assets (€381.7M) do not cover its long term liabilities (€786.0M).
Debt to Equity History and Analysis
Debt Level: ARNM's net debt to equity ratio (152.7%) is considered high.
Reducing Debt: ARNM's debt to equity ratio has reduced from 263.6% to 230.5% over the past 5 years.
Debt Coverage: ARNM's debt is well covered by operating cash flow (22.6%).
Interest Coverage: ARNM's interest payments on its debt are well covered by EBIT (7.8x coverage).