Altea Green Power Balance Sheet Health
Financial Health criteria checks 6/6
Altea Green Power has a total shareholder equity of €17.4M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €38.2M and €20.8M respectively. Altea Green Power's EBIT is €7.5M making its interest coverage ratio 55.3. It has cash and short-term investments of €502.5K.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | 55.3x |
Cash | €502.49k |
Equity | €17.44m |
Total liabilities | €20.77m |
Total assets | €38.22m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AGP's short term assets (€35.5M) exceed its short term liabilities (€17.0M).
Long Term Liabilities: AGP's short term assets (€35.5M) exceed its long term liabilities (€3.7M).
Debt to Equity History and Analysis
Debt Level: AGP is debt free.
Reducing Debt: AGP had no debt 5 years ago.
Debt Coverage: AGP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AGP has no debt, therefore coverage of interest payments is not a concern.