Spadel Balance Sheet Health
Financial Health criteria checks 6/6
Spadel has a total shareholder equity of €294.2M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €458.6M and €164.4M respectively. Spadel's EBIT is €40.5M making its interest coverage ratio -34. It has cash and short-term investments of €115.1M.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | -34x |
Cash | €115.06m |
Equity | €294.18m |
Total liabilities | €164.44m |
Total assets | €458.62m |
Recent financial health updates
Recent updates
Spadel's (EBR:SPA) Earnings May Just Be The Starting Point
Sep 09There's Reason For Concern Over Spadel SA's (EBR:SPA) Price
Jun 26Investors Met With Slowing Returns on Capital At Spadel (EBR:SPA)
Mar 29Here's What To Make Of Spadel's (EBR:SPA) Decelerating Rates Of Return
Nov 03Société de Services de Participations de Direction et d'Elaboration Société anonyme (EBR:SPA) Seems To Use Debt Rather Sparingly
Jun 25We Think That There Are Some Issues For Société de Services de Participations de Direction et d'Elaboration (EBR:SPA) Beyond Its Promising Earnings
Aug 30The Returns At Société de Services de Participations de Direction et d'Elaboration (EBR:SPA) Provide Us With Signs Of What's To Come
Mar 10Declining Stock and Solid Fundamentals: Is The Market Wrong About Société de Services, de Participations, de Direction et d'Elaboration (EBR:SPA)?
Feb 04Would Société de Services, de Participations, de Direction et d'Elaboration (EBR:SPA) Be Valuable To Income Investors?
Jan 13The Société de Services de Participations de Direction et d'Elaboration (EBR:SPA) Share Price Is Up 92% And Shareholders Are Holding On
Dec 22Here's What To Make Of Société de Services de Participations de Direction et d'Elaboration's (EBR:SPA) Returns On Capital
Dec 04Financial Position Analysis
Short Term Liabilities: SPA's short term assets (€228.2M) exceed its short term liabilities (€128.7M).
Long Term Liabilities: SPA's short term assets (€228.2M) exceed its long term liabilities (€35.8M).
Debt to Equity History and Analysis
Debt Level: SPA is debt free.
Reducing Debt: SPA has no debt compared to 5 years ago when its debt to equity ratio was 7%.
Debt Coverage: SPA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SPA has no debt, therefore coverage of interest payments is not a concern.