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
ALM Equity (STO:ALM) Seems To Be Using A Lot Of Debt
Apr 26
Here's Why ALM Equity (STO:ALM) Has A Meaningful Debt Burden
Jul 04Is ALM Equity (STO:ALM) Using Too Much Debt?
Sep 30Here's Why ALM Equity (STO:ALM) Has A Meaningful Debt Burden
Aug 02Does ALM Equity (STO:ALM) Have A Healthy Balance Sheet?
Apr 04These 4 Measures Indicate That ALM Equity (STO:ALM) Is Using Debt Extensively
Dec 29
Recent updates
ALM Equity (STO:ALM) Seems To Be Using A Lot Of Debt
Apr 26Why Investors Shouldn't Be Surprised By ALM Equity AB (publ)'s (STO:ALM) Low P/S
Mar 29Here's Why ALM Equity (STO:ALM) Has A Meaningful Debt Burden
Jul 04Is ALM Equity (STO:ALM) Using Too Much Debt?
Sep 30Here's Why ALM Equity (STO:ALM) Has A Meaningful Debt Burden
Aug 02Does ALM Equity (STO:ALM) Have A Healthy Balance Sheet?
Apr 04Have Insiders Been Selling ALM Equity AB (publ) (STO:ALM) Shares This Year?
Mar 14Is ALM Equity AB (publ)'s (STO:ALM) 13% ROE Strong Compared To Its Industry?
Feb 21The ALM Equity (STO:ALM) Share Price Has Gained 262%, So Why Not Pay It Some Attention?
Jan 25These 4 Measures Indicate That ALM Equity (STO:ALM) Is Using Debt Extensively
Dec 29We Wouldn't Rely On ALM Equity's (STO:ALM) Statutory Earnings As A Guide
Dec 03Financial Position Analysis
Short Term Liabilities: ALM's short term assets (SEK3.5B) exceed its short term liabilities (SEK2.7B).
Long Term Liabilities: ALM's short term assets (SEK3.5B) exceed its long term liabilities (SEK2.0B).
Debt to Equity History and Analysis
Debt Level: ALM's net debt to equity ratio (98.8%) is considered high.
Reducing Debt: ALM's debt to equity ratio has reduced from 187.1% to 113.7% over the past 5 years.
Debt Coverage: ALM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ALM's interest payments on its debt are not well covered by EBIT (0.7x coverage).