Albany International Balance Sheet Health
Financial Health criteria checks 6/6
Albany International has a total shareholder equity of $967.3M and total debt of $456.9M, which brings its debt-to-equity ratio to 47.2%. Its total assets and total liabilities are $1.8B and $867.7M respectively. Albany International's EBIT is $183.3M making its interest coverage ratio 13.5. It has cash and short-term investments of $173.4M.
Key information
47.2%
Debt to equity ratio
US$456.89m
Debt
Interest coverage ratio | 13.5x |
Cash | US$173.42m |
Equity | US$967.32m |
Total liabilities | US$867.69m |
Total assets | US$1.84b |
Recent financial health updates
Albany International (NYSE:AIN) Has A Pretty Healthy Balance Sheet
Apr 12We Think Albany International (NYSE:AIN) Can Stay On Top Of Its Debt
Jan 11Is Albany International (NYSE:AIN) Using Too Much Debt?
Oct 12Albany International (NYSE:AIN) Seems To Use Debt Quite Sensibly
May 25These 4 Measures Indicate That Albany International (NYSE:AIN) Is Using Debt Reasonably Well
Nov 10Is Albany International (NYSE:AIN) Using Too Much Debt?
Aug 10Recent updates
Albany International (NYSE:AIN) Has A Pretty Healthy Balance Sheet
Apr 12Albany International (NYSE:AIN) Hasn't Managed To Accelerate Its Returns
Mar 27Is Now An Opportune Moment To Examine Albany International Corp. (NYSE:AIN)?
Feb 26Is There An Opportunity With Albany International Corp.'s (NYSE:AIN) 32% Undervaluation?
Feb 12Albany International Corp.'s (NYSE:AIN) Popularity With Investors Is Clear
Jan 24We Think Albany International (NYSE:AIN) Can Stay On Top Of Its Debt
Jan 11Albany International's (NYSE:AIN) Upcoming Dividend Will Be Larger Than Last Year's
Dec 14Is There Now An Opportunity In Albany International Corp. (NYSE:AIN)?
Nov 08Returns On Capital At Albany International (NYSE:AIN) Have Stalled
Oct 25Is Albany International (NYSE:AIN) Using Too Much Debt?
Oct 12Are Investors Undervaluing Albany International Corp. (NYSE:AIN) By 35%?
Sep 13Albany International: Not As Expensive As It Looks
Aug 29Should You Think About Buying Albany International Corp. (NYSE:AIN) Now?
Aug 01We Like These Underlying Return On Capital Trends At Albany International (NYSE:AIN)
Jul 17Albany International: Going More International
Jun 20Estimating The Intrinsic Value Of Albany International Corp. (NYSE:AIN)
Jun 09Albany International Is Highly Profitable And The Balance Sheet Is Very Strong
May 30Albany International (NYSE:AIN) Seems To Use Debt Quite Sensibly
May 25Albany International (NYSE:AIN) Is Doing The Right Things To Multiply Its Share Price
Mar 15Albany International's (NYSE:AIN) Dividend Will Be Increased To $0.25
Mar 02Albany declares $0.25 dividend
Feb 24We Think You Can Look Beyond Albany International's (NYSE:AIN) Lackluster Earnings
Feb 20Albany Non-GAAP EPS of $0.75 beats by $0.09, revenue of $268.8M beats by $27.48M
Feb 13What Is Albany International Corp.'s (NYSE:AIN) Share Price Doing?
Feb 06Calculating The Intrinsic Value Of Albany International Corp. (NYSE:AIN)
Jan 04Albany International: Despite Operational Improvements, I Am Wary Of Valuation
Dec 21Albany International (NYSE:AIN) Is Increasing Its Dividend To $0.25
Dec 16Albany raises quarterly dividend by 19% to $0.25/share
Dec 09Investors Will Want Albany International's (NYSE:AIN) Growth In ROCE To Persist
Nov 30These 4 Measures Indicate That Albany International (NYSE:AIN) Is Using Debt Reasonably Well
Nov 10Is Now The Time To Look At Buying Albany International Corp. (NYSE:AIN)?
Oct 11Albany International Corp.'s (NYSE:AIN) Intrinsic Value Is Potentially 81% Above Its Share Price
Sep 28Here's Why Albany International (NYSE:AIN) Has Caught The Eye Of Investors
Sep 13Albany International (NYSE:AIN) Has Affirmed Its Dividend Of $0.21
Aug 29Albany declares $0.21 dividend
Aug 25Albany International (NYSE:AIN) Shareholders Will Want The ROCE Trajectory To Continue
Aug 23Is Albany International (NYSE:AIN) Using Too Much Debt?
Aug 10Albany Non-GAAP EPS of $1.06 beats by $0.24, revenue of $261.37M beats by $22.23M
Jul 25Albany International (NYSE:AIN) Has Re-Affirmed Its Dividend Of US$0.21
May 26Returns On Capital Are Showing Encouraging Signs At Albany International (NYSE:AIN)
May 19These 4 Measures Indicate That Albany International (NYSE:AIN) Is Using Debt Reasonably Well
May 04Albany International Corp. (NYSE:AIN) Shares Could Be 27% Below Their Intrinsic Value Estimate
Apr 19Albany International (NYSE:AIN) Will Pay A Dividend Of US$0.21
Mar 03Financial Position Analysis
Short Term Liabilities: AIN's short term assets ($878.0M) exceed its short term liabilities ($248.7M).
Long Term Liabilities: AIN's short term assets ($878.0M) exceed its long term liabilities ($619.0M).
Debt to Equity History and Analysis
Debt Level: AIN's net debt to equity ratio (29.3%) is considered satisfactory.
Reducing Debt: AIN's debt to equity ratio has reduced from 82% to 47.2% over the past 5 years.
Debt Coverage: AIN's debt is well covered by operating cash flow (32.4%).
Interest Coverage: AIN's interest payments on its debt are well covered by EBIT (13.5x coverage).