Allfunds Group Balance Sheet Health
Financial Health criteria checks 5/6
Allfunds Group has a total shareholder equity of €2.4B and total debt of €366.9M, which brings its debt-to-equity ratio to 15.6%. Its total assets and total liabilities are €5.6B and €3.2B respectively. Allfunds Group's EBIT is €211.7M making its interest coverage ratio 13.3. It has cash and short-term investments of €2.3B.
Key information
15.6%
Debt to equity ratio
€366.95m
Debt
| Interest coverage ratio | 13.3x |
| Cash | €2.26b |
| Equity | €2.35b |
| Total liabilities | €3.22b |
| Total assets | €5.57b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ALLFG's short term assets (€3.1B) exceed its short term liabilities (€2.6B).
Long Term Liabilities: ALLFG's short term assets (€3.1B) exceed its long term liabilities (€599.7M).
Debt to Equity History and Analysis
Debt Level: ALLFG has more cash than its total debt.
Reducing Debt: ALLFG's debt to equity ratio has increased from 0% to 15.6% over the past 5 years.
Debt Coverage: ALLFG's debt is well covered by operating cash flow (175.2%).
Interest Coverage: ALLFG's interest payments on its debt are well covered by EBIT (13.3x coverage).