Alfen Balance Sheet Health
Financial Health criteria checks 6/6
Alfen has a total shareholder equity of €168.1M and total debt of €36.1M, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are €383.4M and €215.4M respectively. Alfen's EBIT is €16.8M making its interest coverage ratio 3.4. It has cash and short-term investments of €1.6M.
Key information
21.5%
Debt to equity ratio
€36.08m
Debt
| Interest coverage ratio | 3.4x |
| Cash | €1.55m |
| Equity | €168.07m |
| Total liabilities | €215.38m |
| Total assets | €383.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALFN.F's short term assets (€264.0M) exceed its short term liabilities (€151.8M).
Long Term Liabilities: ALFN.F's short term assets (€264.0M) exceed its long term liabilities (€63.6M).
Debt to Equity History and Analysis
Debt Level: ALFN.F's net debt to equity ratio (20.5%) is considered satisfactory.
Reducing Debt: ALFN.F's debt to equity ratio has reduced from 263% to 21.5% over the past 5 years.
Debt Coverage: ALFN.F's debt is well covered by operating cash flow (150.4%).
Interest Coverage: ALFN.F's interest payments on its debt are well covered by EBIT (3.4x coverage).