Alliance Entertainment Holding Balance Sheet Health
Financial Health criteria checks 3/6
Alliance Entertainment Holding has a total shareholder equity of $88.0M and total debt of $95.4M, which brings its debt-to-equity ratio to 108.4%. Its total assets and total liabilities are $395.7M and $307.6M respectively. Alliance Entertainment Holding's EBIT is $20.2M making its interest coverage ratio 1.7. It has cash and short-term investments of $4.3M.
Key information
108.4%
Debt to equity ratio
US$95.42m
Debt
| Interest coverage ratio | 1.7x |
| Cash | US$4.29m |
| Equity | US$88.03m |
| Total liabilities | US$307.63m |
| Total assets | US$395.66m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AENT's short term assets ($251.6M) exceed its short term liabilities ($187.9M).
Long Term Liabilities: AENT's short term assets ($251.6M) exceed its long term liabilities ($119.7M).
Debt to Equity History and Analysis
Debt Level: AENT's net debt to equity ratio (103.5%) 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 (49.1%).
Interest Coverage: AENT's interest payments on its debt are not well covered by EBIT (1.7x coverage).