Ascencio Balance Sheet Health
Financial Health criteria checks 1/6
Ascencio has a total shareholder equity of €438.7M and total debt of €318.6M, which brings its debt-to-equity ratio to 72.6%. Its total assets and total liabilities are €776.4M and €337.6M respectively. Ascencio's EBIT is €43.1M making its interest coverage ratio 4.3. It has cash and short-term investments of €4.6M.
Key information
72.6%
Debt to equity ratio
€318.60m
Debt
| Interest coverage ratio | 4.3x |
| Cash | €4.58m |
| Equity | €438.74m |
| Total liabilities | €337.61m |
| Total assets | €776.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASCE's short term assets (€18.5M) do not cover its short term liabilities (€76.3M).
Long Term Liabilities: ASCE's short term assets (€18.5M) do not cover its long term liabilities (€261.3M).
Debt to Equity History and Analysis
Debt Level: ASCE's net debt to equity ratio (71.6%) is considered high.
Reducing Debt: ASCE's debt to equity ratio has increased from 66.2% to 72.6% over the past 5 years.
Debt Coverage: ASCE's debt is not well covered by operating cash flow (13.6%).
Interest Coverage: ASCE's interest payments on its debt are well covered by EBIT (4.3x coverage).