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Alon Gas Energy Development Balance Sheet Health
Financial Health criteria checks 4/6
Key information
73.8%
Debt to equity ratio
US$73.30m
Debt
| Interest coverage ratio | 7.1x |
| Cash | US$22.22m |
| Equity | US$99.27m |
| Total liabilities | US$111.60m |
| Total assets | US$210.86m |
Recent financial health updates
Is Alon Natural Gas Exploration (TLV:ALGS) Using Too Much Debt?
Jul 07
Alon Natural Gas Exploration (TLV:ALGS) Has A Somewhat Strained Balance Sheet
Mar 29We Think Alon Natural Gas Exploration (TLV:ALGS) Is Taking Some Risk With Its Debt
Dec 22Recent updates
Alon Gas Energy Development's (TLV:ALGS) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Mar 29Is Alon Natural Gas Exploration (TLV:ALGS) Using Too Much Debt?
Jul 07Alon Natural Gas Exploration (TLV:ALGS) Hasn't Managed To Accelerate Its Returns
Apr 19Alon Natural Gas Exploration (TLV:ALGS) Has A Somewhat Strained Balance Sheet
Mar 29How Much Did Alon Natural Gas Exploration's(TLV:ALGS) Shareholders Earn From Share Price Movements Over The Last Five Years?
Mar 07Alon Natural Gas Exploration Ltd. (TLV:ALGS) Delivered A Weaker ROE Than Its Industry
Feb 15Are Alon Natural Gas Exploration's (TLV:ALGS) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 26
Should You Be Impressed By Alon Natural Gas Exploration's (TLV:ALGS) Returns on Capital?
Jan 09We Think Alon Natural Gas Exploration (TLV:ALGS) Is Taking Some Risk With Its Debt
Dec 22Alon Natural Gas Exploration (TLV:ALGS) Share Prices Have Dropped 78% In The Last Five Years
Dec 04Financial Position Analysis
Short Term Liabilities: ALGS's short term assets ($39.5M) exceed its short term liabilities ($22.4M).
Long Term Liabilities: ALGS's short term assets ($39.5M) do not cover its long term liabilities ($89.2M).
Debt to Equity History and Analysis
Debt Level: ALGS's net debt to equity ratio (51.5%) is considered high.
Reducing Debt: ALGS's debt to equity ratio has reduced from 408.8% to 73.8% over the past 5 years.
Debt Coverage: ALGS's debt is well covered by operating cash flow (23.7%).
Interest Coverage: ALGS's interest payments on its debt are well covered by EBIT (7.1x coverage).