The company maintains a vulnerable capital structure with a debt-to-equity ratio of 4.49 and $682.2M in goodwill, which accounts for a significant portion of the $2.9B total asset base.
| Total Current Assets | 692.4M | 675.88M | 668.16M | 693.71M |
| Cash & Short-Term Investments | 152.36M | 149.7M | 188.04M | 209.97M |
| Cash Only | 152.36M | 149.7M | 188.04M | 209.97M |
| Short-Term Investments | 0 | 0 | 0 | 0 |
| Accounts Receivable | 348.69M | 352.76M | 317.3M | 317.96M |
| Days Sales Outstanding | 76.23 | 75.33 | 76.78 | 85.01 |
| Inventory | 163.21M | 146.86M | 134.48M | 139.42M |
| Days Inventory Outstanding | 52.42 | 50.23 | 49.03 | 54.32 |
| Other Current Assets | 28.14M | 26.56M | 28.33M | 26.36M |
| Total Non-Current Assets | 2.2B | 2.21B | 2.16B | 2.16B |
| Property, Plant & Equipment | 276.59M | 285.99M | 265.42M | 264.88M |
| Fixed Asset Turnover | 6.27x | 5.98x | 5.68x | 5.15x |
| Goodwill | 682.23M | 684.23M | 666.58M | 660.11M |
| Intangible Assets | 741.97M | 754.74M | 793.67M | 835.91M |
| Long-Term Investments | 960.25M | 475.36M | 425.5M | 392.26M |
| Other Non-Current Assets | 6.51M | 6.52M | 9.56M | 4.09M |
| Total Assets | 2.89B | 2.89B | 2.83B | 2.85B |
| Asset Turnover | 0.59x | 0.59x | 0.53x | 0.48x |
| Asset Growth % | 1.84% | 1.9% | -0.8% | - |
| Total Current Liabilities | 505.77M | 484.33M | 478.67M | 471.58M |
| Accounts Payable | 155.81M | 130.51M | 143.15M | 133.6M |
| Days Payables Outstanding | 51.15 | 44.64 | 52.19 | 52.05 |
| Short-Term Debt | 196.2M | 200.22M | 197.26M | 193.03M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 96.74M | 101.28M | 82.77M | 95.19M |
| Current Ratio | 1.37x | 1.40x | 1.40x | 1.47x |
| Quick Ratio | 1.05x | 1.09x | 1.11x | 1.18x |
| Cash Conversion Cycle | 77.49 | 80.92 | 73.62 | 87.28 |
| Total Non-Current Liabilities | 1.95B | 2.01B | 2.63B | 1.83B |
| Long-Term Debt | 1.72B | 1.78B | 2.42B | 1.59B |
| Capital Lease Obligations | 59.09M | 15.87M | 12.55M | 14.61M |
| Deferred Tax Liabilities | 507.38M | 169.35M | 171.1M | 204.01M |
| Other Non-Current Liabilities | 47M | 45.3M | 29.66M | 28.35M |
| Total Liabilities | 2.46B | 2.49B | 3.11B | 2.3B |
| Total Debt | 1.93B | 2B | 2.63B | 1.79B |
| Net Debt | 1.78B | 1.85B | 2.44B | 1.58B |
| Debt / Equity | 4.49x | 5.09x | - | 3.25x |
| Debt / EBITDA | 4.72x | 4.85x | 6.89x | 5.51x |
| Net Debt / EBITDA | 4.35x | 4.49x | 6.40x | 4.86x |
| Interest Coverage | 3.47x | 1.92x | 1.86x | 1.82x |
| Total Equity | 430.14M | 392.12M | -277.33M | 550.93M |
| Equity Growth % | 635.91% | 241.39% | -150.34% | - |
| Book Value per Share | 2.12 | 1.99 | -1.49 | 4.51 |
| Total Shareholders' Equity | 430.14M | 392.12M | -277.33M | 550.93M |
| Common Stock | 1.98M | 1.98M | 13K | 13K |
| Retained Earnings | -119.49M | -176.4M | 31.53M | 199.15M |
| Treasury Stock | 0 | 0 | -498.91M | -497.46M |
| Accumulated OCI | 44.58M | 57.18M | -1.75M | 25.62M |
| Minority Interest | 0 | 0 | 0 | 0 |
High Debt Leverage Sensitivity
According to recent financial filings, ALH's equity position has shown significant volatility, shifting from negative territory in 2025Q3 to a positive $430.1M in 2026Q1, yet the persistent reliance on debt financing continues to define the company's overall balance sheet trajectory and long-term financial stability.
The recent improvement in equity appears to be a recovery from previous periods of negative book value, though the underlying capital structure remains heavily skewed toward debt. Investors should monitor whether this trend represents a sustainable strengthening of the balance sheet or merely a temporary fluctuation in retained earnings.
As reported in the company's balance sheet data, ALH maintains a debt-to-equity ratio of 4.49 as of 2026Q1, reflecting a highly leveraged position that necessitates significant interest payments and limits the firm's ability to absorb potential shocks in the commercial laundry equipment market.
The high leverage ratio suggests that the company's capital structure is optimized for aggressive growth or owner distributions rather than balance sheet resilience. This debt burden likely acts as a persistent drag on net margins, making the company's profitability highly sensitive to interest rate fluctuations.
Based on the provided figures, goodwill accounts for $682.2M of the company's $2.9B in total assets as of 2026Q1, indicating that a substantial portion of the asset base is tied to intangible valuations rather than tangible manufacturing infrastructure or productive equipment.
The significant goodwill balance warrants further investigation, as it may be susceptible to impairment if the company's competitive moat in the vended laundry segment faces unexpected erosion. The relatively modest net PPE of $276.6M suggests that while the firm is an industrial manufacturer, its balance sheet is heavily influenced by historical acquisition premiums.
As indicated by the 2026Q1 financial statements, ALH reports a current ratio of 1.37, which provides a modest buffer against short-term obligations but suggests limited room for error given the company's ongoing operational requirements and the cyclical nature of its institutional laundry equipment business.
While the current ratio appears adequate for day-to-day operations, the company's cash position of $152.4M relative to its substantial debt load suggests that liquidity management is a critical priority. Any unexpected disruption in cash flow could quickly pressure the firm's ability to service its debt obligations without external financing.
Data from recent quarterly reports reveals that ALH continues to carry negative retained earnings of $119.5M as of 2026Q1, which suggests that historical capital allocation decisions have prioritized distributions or debt servicing over the accumulation of internal equity to support future growth initiatives.
This persistent deficit in retained earnings may indicate that the company's profitability has not been sufficient to offset historical capital outflows. Investors should consider whether this reflects a structural limitation in the business model's ability to generate organic growth capital or a deliberate strategy by private equity owners.
Quick answers to the most common questions about buying ALH stock.
As of 2025, Alliance Laundry Holdings Inc. (ALH) had total assets of $2.89B including $675.9M in current assets.
Alliance Laundry Holdings Inc. (ALH) carries total debt of $2.00B, offset by $149.7M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Alliance Laundry Holdings Inc. (ALH) has total shareholders' equity (book value) of $392.1M ($1.99 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Alliance Laundry Holdings Inc. (ALH) reported a current ratio of 1.40x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.