ALM Equity Balance Sheet Health
Financial Health criteria checks 3/6
ALM Equity has a total shareholder equity of SEK3.0B and total debt of SEK3.4B, which brings its debt-to-equity ratio to 113.7%. Its total assets and total liabilities are SEK7.7B and SEK4.7B respectively. ALM Equity's EBIT is SEK162.0M making its interest coverage ratio 0.7. It has cash and short-term investments of SEK444.0M.
Key information
113.7%
Debt to equity ratio
kr3.38b
Debt
| Interest coverage ratio | 0.7x |
| Cash | kr444.00m |
| Equity | kr2.97b |
| Total liabilities | kr4.69b |
| Total assets | kr7.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALM PREF's short term assets (SEK3.5B) exceed its short term liabilities (SEK2.7B).
Long Term Liabilities: ALM PREF's short term assets (SEK3.5B) exceed its long term liabilities (SEK2.0B).
Debt to Equity History and Analysis
Debt Level: ALM PREF's net debt to equity ratio (98.8%) is considered high.
Reducing Debt: ALM PREF's debt to equity ratio has reduced from 187.1% to 113.7% over the past 5 years.
Debt Coverage: ALM PREF's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ALM PREF's interest payments on its debt are not well covered by EBIT (0.7x coverage).