Alamo Group Balance Sheet Health
Financial Health criteria checks 6/6
Alamo Group has a total shareholder equity of $1.0B and total debt of $224.2M, which brings its debt-to-equity ratio to 22%. Its total assets and total liabilities are $1.5B and $463.6M respectively. Alamo Group's EBIT is $175.2M making its interest coverage ratio 8.2. It has cash and short-term investments of $140.0M.
Key information
22.0%
Debt to equity ratio
US$224.16m
Debt
| Interest coverage ratio | 8.2x |
| Cash | US$140.04m |
| Equity | US$1.02b |
| Total liabilities | US$463.62m |
| Total assets | US$1.48b |
Recent financial health updates
We Think Alamo Group (NYSE:ALG) Can Stay On Top Of Its Debt
Sep 27
These 4 Measures Indicate That Alamo Group (NYSE:ALG) Is Using Debt Reasonably Well
Jun 18Is Alamo Group (NYSE:ALG) Using Too Much Debt?
Feb 25Here's Why Alamo Group (NYSE:ALG) Can Manage Its Debt Responsibly
Jul 20We Think Alamo Group (NYSE:ALG) Can Stay On Top Of Its Debt
Apr 13Is Alamo Group (NYSE:ALG) Using Too Much Debt?
Jan 09Recent updates
Some Confidence Is Lacking In Alamo Group Inc.'s (NYSE:ALG) P/E
Nov 15We Think Alamo Group (NYSE:ALG) Can Stay On Top Of Its Debt
Sep 27Should You Investigate Alamo Group Inc. (NYSE:ALG) At US$176?
Sep 05Alamo Group: Solid Compounder At An Attractive Price
Aug 11Pinning Down Alamo Group Inc.'s (NYSE:ALG) P/E Is Difficult Right Now
Jul 29Alamo Group: A Downgrade On Falling Backlog
Jun 28These 4 Measures Indicate That Alamo Group (NYSE:ALG) Is Using Debt Reasonably Well
Jun 18An Intrinsic Calculation For Alamo Group Inc. (NYSE:ALG) Suggests It's 32% Undervalued
Jun 04Is There Now An Opportunity In Alamo Group Inc. (NYSE:ALG)?
May 22With EPS Growth And More, Alamo Group (NYSE:ALG) Makes An Interesting Case
May 02Earnings Not Telling The Story For Alamo Group Inc. (NYSE:ALG)
Apr 18Alamo Group: A Steady Performer In The Industrials Sector
Mar 20Is Alamo Group (NYSE:ALG) Using Too Much Debt?
Feb 25An Intrinsic Calculation For Alamo Group Inc. (NYSE:ALG) Suggests It's 35% Undervalued
Feb 12Is There Now An Opportunity In Alamo Group Inc. (NYSE:ALG)?
Jan 23Investors Interested In Alamo Group Inc.'s (NYSE:ALG) Earnings
Jan 07If EPS Growth Is Important To You, Alamo Group (NYSE:ALG) Presents An Opportunity
Dec 21Alamo Group: Growing More Appreciative
Dec 13Alamo Group Inc. (NYSE:ALG) Shares Could Be 48% Below Their Intrinsic Value Estimate
Nov 06Alamo Group: Expanding Market Size Paves The Way For Sales Growth
Oct 04Is Now The Time To Put Alamo Group (NYSE:ALG) On Your Watchlist?
Sep 08Are Investors Undervaluing Alamo Group Inc. (NYSE:ALG) By 46%?
Aug 04Here's Why Alamo Group (NYSE:ALG) Can Manage Its Debt Responsibly
Jul 20Alamo: The Diamond In The Rough That's Worth Closely Following
Jul 06Is There Now An Opportunity In Alamo Group Inc. (NYSE:ALG)?
May 31A Look At The Intrinsic Value Of Alamo Group Inc. (NYSE:ALG)
May 01We Think Alamo Group (NYSE:ALG) Can Stay On Top Of Its Debt
Apr 13Does Alamo Group (NYSE:ALG) Deserve A Spot On Your Watchlist?
Mar 30Alamo Group: An Attractive Prospect With A Niche Focus
Feb 08Estimating The Intrinsic Value Of Alamo Group Inc. (NYSE:ALG)
Jan 22Is Alamo Group (NYSE:ALG) Using Too Much Debt?
Jan 09Alamo raises quarterly dividend by 22.2% to $0.22/share
Jan 03If EPS Growth Is Important To You, Alamo Group (NYSE:ALG) Presents An Opportunity
Dec 16At US$144, Is It Time To Put Alamo Group Inc. (NYSE:ALG) On Your Watch List?
Nov 05Does Alamo Group (NYSE:ALG) Have A Healthy Balance Sheet?
Oct 04Alamo declares $0.18 dividend
Oct 03An Intrinsic Calculation For Alamo Group Inc. (NYSE:ALG) Suggests It's 40% Undervalued
Sep 19If EPS Growth Is Important To You, Alamo Group (NYSE:ALG) Presents An Opportunity
Sep 02Alamo Q2 Non-GAAP EPS, revenue beats
Aug 03Financial Position Analysis
Short Term Liabilities: ALG's short term assets ($879.6M) exceed its short term liabilities ($212.0M).
Long Term Liabilities: ALG's short term assets ($879.6M) exceed its long term liabilities ($251.6M).
Debt to Equity History and Analysis
Debt Level: ALG's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: ALG's debt to equity ratio has reduced from 27.2% to 22% over the past 5 years.
Debt Coverage: ALG's debt is well covered by operating cash flow (82.4%).
Interest Coverage: ALG's interest payments on its debt are well covered by EBIT (8.2x coverage).