Alumexx Balance Sheet Health
Financial Health criteria checks 2/6
Alumexx has a total shareholder equity of €5.6M and total debt of €21.8M, which brings its debt-to-equity ratio to 389.6%. Its total assets and total liabilities are €43.0M and €37.4M respectively. Alumexx's EBIT is €3.0M making its interest coverage ratio 5.4. It has cash and short-term investments of €1.1M.
Key information
389.6%
Debt to equity ratio
€21.80m
Debt
| Interest coverage ratio | 5.4x |
| Cash | €1.09m |
| Equity | €5.60m |
| Total liabilities | €37.44m |
| Total assets | €43.04m |
Recent financial health updates
No updates
Recent updates
Does Alumexx (AMS:ALX) Deserve A Spot On Your Watchlist?
Feb 13
Even With A 57% Surge, Cautious Investors Are Not Rewarding Alumexx N.V.'s (AMS:ALX) Performance Completely
Jan 17Alumexx (AMS:ALX) Shareholders Will Want The ROCE Trajectory To Continue
Dec 22Here's Why I Think Alumexx (AMS:ALX) Might Deserve Your Attention Today
Feb 24Do Alumexx's (AMS:ALX) Earnings Warrant Your Attention?
Sep 09Is Alumexx N.V.'s (AMS:ALX) Latest Stock Performance A Reflection Of Its Financial Health?
Mar 09Is Alumexx N.V.'s (AMS:INVER) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Nov 24
Financial Position Analysis
Short Term Liabilities: ALX's short term assets (€17.9M) exceed its short term liabilities (€10.4M).
Long Term Liabilities: ALX's short term assets (€17.9M) do not cover its long term liabilities (€27.0M).
Debt to Equity History and Analysis
Debt Level: ALX's net debt to equity ratio (370.1%) is considered high.
Reducing Debt: ALX's debt to equity ratio has increased from 0% to 389.6% over the past 5 years.
Debt Coverage: ALX's debt is not well covered by operating cash flow (2.1%).
Interest Coverage: ALX's interest payments on its debt are well covered by EBIT (5.4x coverage).