Alkermes Balance Sheet Health
Financial Health criteria checks 6/6
Alkermes has a total shareholder equity of $1.4B and total debt of $291.4M, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are $2.3B and $923.6M respectively. Alkermes's EBIT is $221.0M making its interest coverage ratio -67.4. It has cash and short-term investments of $889.2M.
Key information
21.5%
Debt to equity ratio
US$291.37m
Debt
Interest coverage ratio | -67.4x |
Cash | US$889.15m |
Equity | US$1.36b |
Total liabilities | US$923.65m |
Total assets | US$2.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALKS.V's short term assets ($1.5B) exceed its short term liabilities ($503.1M).
Long Term Liabilities: ALKS.V's short term assets ($1.5B) exceed its long term liabilities ($420.5M).
Debt to Equity History and Analysis
Debt Level: ALKS.V has more cash than its total debt.
Reducing Debt: ALKS.V's debt to equity ratio has reduced from 24.3% to 21.5% over the past 5 years.
Debt Coverage: ALKS.V's debt is well covered by operating cash flow (101.3%).
Interest Coverage: ALKS.V earns more interest than it pays, so coverage of interest payments is not a concern.