Alliance Witan Balance Sheet Health
Financial Health criteria checks 4/6
Alliance Witan has a total shareholder equity of £3.6B and total debt of £267.2M, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are £3.9B and £285.1M respectively. Alliance Witan's EBIT is £631.8M making its interest coverage ratio 62.4. It has cash and short-term investments of £115.5M.
Key information
7.4%
Debt to equity ratio
UK£267.23m
Debt
| Interest coverage ratio | 62.4x |
| Cash | UK£115.55m |
| Equity | UK£3.60b |
| Total liabilities | UK£285.14m |
| Total assets | UK£3.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALIT.F's short term assets (£130.3M) exceed its short term liabilities (£60.7M).
Long Term Liabilities: ALIT.F's short term assets (£130.3M) do not cover its long term liabilities (£224.4M).
Debt to Equity History and Analysis
Debt Level: ALIT.F's net debt to equity ratio (4.2%) is considered satisfactory.
Reducing Debt: ALIT.F's debt to equity ratio has reduced from 8.8% to 7.4% over the past 5 years.
Debt Coverage: ALIT.F's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: ALIT.F's interest payments on its debt are well covered by EBIT (62.4x coverage).