Alliance Entertainment Holding Balance Sheet Health
Financial Health criteria checks 3/6
Alliance Entertainment Holding has a total shareholder equity of $87.6M and total debt of $79.6M, which brings its debt-to-equity ratio to 90.8%. Its total assets and total liabilities are $340.8M and $253.2M respectively. Alliance Entertainment Holding's EBIT is $16.5M making its interest coverage ratio 1.4. It has cash and short-term investments of $1.1M.
Key information
90.8%
Debt to equity ratio
US$79.59m
Debt
| Interest coverage ratio | 1.4x |
| Cash | US$1.13m |
| Equity | US$87.63m |
| Total liabilities | US$253.18m |
| Total assets | US$340.81m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AENT's short term assets ($196.2M) exceed its short term liabilities ($147.9M).
Long Term Liabilities: AENT's short term assets ($196.2M) exceed its long term liabilities ($105.3M).
Debt to Equity History and Analysis
Debt Level: AENT's net debt to equity ratio (89.5%) is considered high.
Reducing Debt: Insufficient data to determine if AENT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AENT's debt is well covered by operating cash flow (70.1%).
Interest Coverage: AENT's interest payments on its debt are not well covered by EBIT (1.4x coverage).