ABO-Group Environment Balance Sheet Health
Financial Health criteria checks 5/6
ABO-Group Environment has a total shareholder equity of €26.4M and total debt of €31.1M, which brings its debt-to-equity ratio to 117.9%. Its total assets and total liabilities are €83.2M and €56.8M respectively. ABO-Group Environment's EBIT is €4.2M making its interest coverage ratio 3.7. It has cash and short-term investments of €8.1M.
Key information
117.9%
Debt to equity ratio
€31.13m
Debt
| Interest coverage ratio | 3.7x |
| Cash | €8.05m |
| Equity | €26.41m |
| Total liabilities | €56.83m |
| Total assets | €83.24m |
Recent financial health updates
Recent updates
Returns At ABO-Group Environment (EBR:ABO) Appear To Be Weighed Down
Jun 20
Returns At ABO-Group Environment (EBR:ABO) Are On The Way Up
Jun 16Investors Will Want ABO-Group Environment's (EBR:ABO) Growth In ROCE To Persist
Oct 02Returns Are Gaining Momentum At ABO-Group Environment (EBR:ABO)
Apr 19Does ABO-Group Environment (EBR:ABO) Have A Healthy Balance Sheet?
Mar 28ABO-Group Environment NV's (EBR:ABO) Stock Is Going Strong: Is the Market Following Fundamentals?
Feb 13
What Can The Trends At ABO-Group Environment (EBR:ABO) Tell Us About Their Returns?
Jan 17Investors Who Bought ABO-Group Environment (EBR:ABO) Shares A Year Ago Are Now Up 63%
Dec 18Should You Rely On ABO-Group Environment's (EBR:ABO) Earnings Growth?
Nov 29Financial Position Analysis
Short Term Liabilities: ABO's short term assets (€43.5M) exceed its short term liabilities (€37.4M).
Long Term Liabilities: ABO's short term assets (€43.5M) exceed its long term liabilities (€19.5M).
Debt to Equity History and Analysis
Debt Level: ABO's net debt to equity ratio (87.4%) is considered high.
Reducing Debt: ABO's debt to equity ratio has reduced from 129.9% to 117.9% over the past 5 years.
Debt Coverage: ABO's debt is well covered by operating cash flow (28.4%).
Interest Coverage: ABO's interest payments on its debt are well covered by EBIT (3.7x coverage).