ALTEO Energy Services Balance Sheet Health
Financial Health criteria checks 6/6
ALTEO Energy Services has a total shareholder equity of HUF33.7B and total debt of HUF23.2B, which brings its debt-to-equity ratio to 68.9%. Its total assets and total liabilities are HUF82.7B and HUF49.0B respectively. ALTEO Energy Services's EBIT is HUF12.0B making its interest coverage ratio 78.6. It has cash and short-term investments of HUF10.7B.
Key information
68.9%
Debt to equity ratio
Ft23.24b
Debt
| Interest coverage ratio | 78.6x |
| Cash | Ft10.69b |
| Equity | Ft33.72b |
| Total liabilities | Ft48.97b |
| Total assets | Ft82.68b |
Recent financial health updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For ALTEO Energy Services (BUSE:ALTEO)
Sep 09
ALTEO Energy Services Public Limited Company (BUSE:ALTEO) Screens Well But There Might Be A Catch
Jul 25The Market Lifts ALTEO Energy Services Public Limited Company (BUSE:ALTEO) Shares 27% But It Can Do More
Apr 03ALTEO Energy Services (BUSE:ALTEO) Will Be Hoping To Turn Its Returns On Capital Around
Jul 23ALTEO Energy Services (BUSE:ALTEO) Will Want To Turn Around Its Return Trends
Dec 23These 4 Measures Indicate That ALTEO Energiaszolgaltato Nyilvanosan Mukodo Reszvenytarsasag (BUSE:ALTEO) Is Using Debt Extensively
May 02ALTEO Energiaszolgaltato Nyilvanosan Mukodo Reszvenytarsasag (BUSE:ALTEO) Has Gifted Shareholders With A Fantastic 121% Total Return On Their Investment
Feb 15
ALTEO Energiaszolgaltato Nyilvanosan Mukodo Reszvenytarsasag's (BUSE:ALTEO) Earnings Are Growing But Is There More To The Story?
Jan 25Financial Position Analysis
Short Term Liabilities: ALTEO's short term assets (HUF34.1B) exceed its short term liabilities (HUF21.2B).
Long Term Liabilities: ALTEO's short term assets (HUF34.1B) exceed its long term liabilities (HUF27.7B).
Debt to Equity History and Analysis
Debt Level: ALTEO's net debt to equity ratio (37.2%) is considered satisfactory.
Reducing Debt: ALTEO's debt to equity ratio has reduced from 305.1% to 68.9% over the past 5 years.
Debt Coverage: ALTEO's debt is well covered by operating cash flow (40.4%).
Interest Coverage: ALTEO's interest payments on its debt are well covered by EBIT (78.6x coverage).