Alliance Select Foods International Balance Sheet Health
Financial Health criteria checks 2/6
Alliance Select Foods International has a total shareholder equity of $14.5M and total debt of $22.6M, which brings its debt-to-equity ratio to 155.7%. Its total assets and total liabilities are $44.8M and $30.3M respectively. Alliance Select Foods International's EBIT is $2.3M making its interest coverage ratio 1.5. It has cash and short-term investments of $421.9K.
Key information
155.7%
Debt to equity ratio
US$22.63m
Debt
| Interest coverage ratio | 1.5x |
| Cash | US$421.89k |
| Equity | US$14.54m |
| Total liabilities | US$30.26m |
| Total assets | US$44.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FOOD's short term assets ($29.6M) exceed its short term liabilities ($27.5M).
Long Term Liabilities: FOOD's short term assets ($29.6M) exceed its long term liabilities ($2.8M).
Debt to Equity History and Analysis
Debt Level: FOOD's net debt to equity ratio (152.8%) is considered high.
Reducing Debt: FOOD's debt to equity ratio has increased from 97% to 155.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: FOOD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FOOD has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.5% each year