Alpha Trust Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Alpha Trust Holdings has a total shareholder equity of €6.0M and total debt of €1.6M, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are €9.4M and €3.4M respectively. Alpha Trust Holdings's EBIT is €1.8M making its interest coverage ratio 37.7. It has cash and short-term investments of €944.2K.
Key information
26.6%
Debt to equity ratio
€1.59m
Debt
Interest coverage ratio | 37.7x |
Cash | €944.18k |
Equity | €5.98m |
Total liabilities | €3.38m |
Total assets | €9.36m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ATRUST's short term assets (€2.8M) exceed its short term liabilities (€961.2K).
Long Term Liabilities: ATRUST's short term assets (€2.8M) exceed its long term liabilities (€2.4M).
Debt to Equity History and Analysis
Debt Level: ATRUST's net debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: ATRUST's debt to equity ratio has increased from 0% to 26.6% over the past 5 years.
Debt Coverage: ATRUST's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ATRUST's interest payments on its debt are well covered by EBIT (37.7x coverage).