Ascencio Balance Sheet Health
Financial Health criteria checks 2/6
Ascencio has a total shareholder equity of €438.4M and total debt of €320.6M, which brings its debt-to-equity ratio to 73.1%. Its total assets and total liabilities are €782.9M and €344.5M respectively. Ascencio's EBIT is €43.7M making its interest coverage ratio 4.4. It has cash and short-term investments of €3.9M.
Key information
73.1%
Debt to equity ratio
€320.61m
Debt
| Interest coverage ratio | 4.4x |
| Cash | €3.86m |
| Equity | €438.37m |
| Total liabilities | €344.48m |
| Total assets | €782.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASCE's short term assets (€14.9M) do not cover its short term liabilities (€131.6M).
Long Term Liabilities: ASCE's short term assets (€14.9M) do not cover its long term liabilities (€212.8M).
Debt to Equity History and Analysis
Debt Level: ASCE's net debt to equity ratio (72.3%) is considered high.
Reducing Debt: ASCE's debt to equity ratio has reduced from 74% to 73.1% over the past 5 years.
Debt Coverage: ASCE's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: ASCE's interest payments on its debt are well covered by EBIT (4.4x coverage).