Aalberts Balance Sheet Health
Financial Health criteria checks 6/6
Aalberts has a total shareholder equity of €2.5B and total debt of €540.7M, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are €4.1B and €1.6B respectively. Aalberts's EBIT is €427.8M making its interest coverage ratio 13. It has cash and short-term investments of €134.2M.
Key information
21.5%
Debt to equity ratio
€540.70m
Debt
Interest coverage ratio | 13x |
Cash | €134.20m |
Equity | €2.52b |
Total liabilities | €1.62b |
Total assets | €4.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AALB.F's short term assets (€1.4B) exceed its short term liabilities (€895.3M).
Long Term Liabilities: AALB.F's short term assets (€1.4B) exceed its long term liabilities (€725.7M).
Debt to Equity History and Analysis
Debt Level: AALB.F's net debt to equity ratio (16.1%) is considered satisfactory.
Reducing Debt: AALB.F's debt to equity ratio has reduced from 37.8% to 21.5% over the past 5 years.
Debt Coverage: AALB.F's debt is well covered by operating cash flow (91%).
Interest Coverage: AALB.F's interest payments on its debt are well covered by EBIT (13x coverage).