Alliance Entertainment Holding Balance Sheet Health
Financial Health criteria checks 4/6
Alliance Entertainment Holding has a total shareholder equity of $88.5M and total debt of $106.9M, which brings its debt-to-equity ratio to 120.8%. Its total assets and total liabilities are $428.0M and $339.5M respectively. Alliance Entertainment Holding's EBIT is $11.7M making its interest coverage ratio 1. It has cash and short-term investments of $2.7M.
Key information
120.8%
Debt to equity ratio
US$106.94m
Debt
Interest coverage ratio | 1x |
Cash | US$2.66m |
Equity | US$88.50m |
Total liabilities | US$339.51m |
Total assets | US$428.02m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AENT's short term assets ($306.6M) exceed its short term liabilities ($226.6M).
Long Term Liabilities: AENT's short term assets ($306.6M) exceed its long term liabilities ($112.9M).
Debt to Equity History and Analysis
Debt Level: AENT's net debt to equity ratio (117.8%) is considered high.
Reducing Debt: Insufficient data to determine if AENT's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable AENT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AENT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 5% per year.