Alpha Namibia Industries Renewable Power Balance Sheet Health
Financial Health criteria checks 1/6
Alpha Namibia Industries Renewable Power has a total shareholder equity of NAD186.7M and total debt of NAD236.1M, which brings its debt-to-equity ratio to 126.5%. Its total assets and total liabilities are NAD458.8M and NAD272.1M respectively.
Key information
126.5%
Debt to equity ratio
N$236.11m
Debt
Interest coverage ratio | n/a |
Cash | N$14.38m |
Equity | N$186.68m |
Total liabilities | N$272.12m |
Total assets | N$458.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ANE's short term assets (NAD39.7M) exceed its short term liabilities (NAD32.0M).
Long Term Liabilities: ANE's short term assets (NAD39.7M) do not cover its long term liabilities (NAD240.1M).
Debt to Equity History and Analysis
Debt Level: ANE's net debt to equity ratio (118.8%) is considered high.
Reducing Debt: Insufficient data to determine if ANE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ANE's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: Insufficient data to determine if ANE's interest payments on its debt are well covered by EBIT.