Alumexx Balance Sheet Health
Financial Health criteria checks 2/6
Alumexx has a total shareholder equity of €4.6M and total debt of €19.8M, which brings its debt-to-equity ratio to 433.6%. Its total assets and total liabilities are €38.7M and €34.2M respectively. Alumexx's EBIT is €3.5M making its interest coverage ratio 1.8. It has cash and short-term investments of €1.4M.
Key information
433.6%
Debt to equity ratio
€19.78m
Debt
| Interest coverage ratio | 1.8x |
| Cash | €1.39m |
| Equity | €4.56m |
| Total liabilities | €34.18m |
| Total assets | €38.74m |
Recent financial health updates
No updates
Recent updates
We Think Alumexx's (AMS:ALX) Profit Is Only A Baseline For What They Can Achieve
Oct 09
We Like These Underlying Return On Capital Trends At Alumexx (AMS:ALX)
Oct 02Does Alumexx (AMS:ALX) Deserve A Spot On Your Watchlist?
Feb 13Even 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 (€16.0M) exceed its short term liabilities (€8.8M).
Long Term Liabilities: ALX's short term assets (€16.0M) do not cover its long term liabilities (€25.4M).
Debt to Equity History and Analysis
Debt Level: ALX's net debt to equity ratio (403.2%) is considered high.
Reducing Debt: ALX's debt to equity ratio has increased from 0% to 433.6% over the past 5 years.
Debt Coverage: ALX's debt is well covered by operating cash flow (26.3%).
Interest Coverage: ALX's interest payments on its debt are not well covered by EBIT (1.8x coverage).