Alkemy Balance Sheet Health
Financial Health criteria checks 5/6
Alkemy has a total shareholder equity of €47.7M and total debt of €23.6M, which brings its debt-to-equity ratio to 49.5%. Its total assets and total liabilities are €130.3M and €82.6M respectively. Alkemy's EBIT is €7.8M making its interest coverage ratio 4.3. It has cash and short-term investments of €12.0M.
Key information
49.5%
Debt to equity ratio
€23.63m
Debt
| Interest coverage ratio | 4.3x |
| Cash | €12.03m |
| Equity | €47.72m |
| Total liabilities | €82.60m |
| Total assets | €130.32m |
Recent financial health updates
Does Alkemy (BIT:ALK) Have A Healthy Balance Sheet?
Feb 23
Is Alkemy (BIT:ALK) A Risky Investment?
Sep 22Is Alkemy (BIT:ALK) Using Too Much Debt?
Feb 02Alkemy (BIT:ALK) Seems To Use Debt Quite Sensibly
Mar 25Alkemy (BIT:ALK) Has A Pretty Healthy Balance Sheet
Nov 24
Recent updates
Alkemy (BIT:ALK) Has More To Do To Multiply In Value Going Forward
Apr 23Alkemy's (BIT:ALK) Soft Earnings Don't Show The Whole Picture
Apr 05Does Alkemy (BIT:ALK) Have A Healthy Balance Sheet?
Feb 23Returns Are Gaining Momentum At Alkemy (BIT:ALK)
Feb 12Is Now An Opportune Moment To Examine Alkemy S.p.A. (BIT:ALK)?
Oct 07Is Alkemy (BIT:ALK) A Risky Investment?
Sep 22Are Investors Undervaluing Alkemy S.p.A. (BIT:ALK) By 29%?
Jun 30Capital Allocation Trends At Alkemy (BIT:ALK) Aren't Ideal
May 10Is Alkemy S.p.A. (BIT:ALK) Worth €18.7 Based On Its Intrinsic Value?
Mar 23Is Alkemy (BIT:ALK) Using Too Much Debt?
Feb 02A Look At The Intrinsic Value Of Alkemy S.p.A. (BIT:ALK)
Nov 24Should You Investigate Alkemy S.p.A. (BIT:ALK) At €13.85?
May 27Alkemy S.p.A. (BIT:ALK) Analysts Are Pretty Bullish On The Stock After Recent Results
Mar 25Alkemy (BIT:ALK) Seems To Use Debt Quite Sensibly
Mar 25Announcing: Alkemy (BIT:ALK) Stock Increased An Energizing 108% In The Last Year
Mar 09The Returns At Alkemy (BIT:ALK) Provide Us With Signs Of What's To Come
Feb 11Alkemy S.p.A. (BIT:ALK) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Jan 16Alkemy (BIT:ALK) Is Growing Earnings But Are They A Good Guide?
Dec 20Alkemy (BIT:ALK) Has A Pretty Healthy Balance Sheet
Nov 24Financial Position Analysis
Short Term Liabilities: ALK's short term assets (€62.8M) exceed its short term liabilities (€50.0M).
Long Term Liabilities: ALK's short term assets (€62.8M) exceed its long term liabilities (€32.6M).
Debt to Equity History and Analysis
Debt Level: ALK's net debt to equity ratio (24.3%) is considered satisfactory.
Reducing Debt: ALK's debt to equity ratio has increased from 8.2% to 49.5% over the past 5 years.
Debt Coverage: ALK's debt is well covered by operating cash flow (39%).
Interest Coverage: ALK's interest payments on its debt are well covered by EBIT (4.3x coverage).