Agros Development Company Proodos Balance Sheet Health
Financial Health criteria checks 5/6
Agros Development Company Proodos has a total shareholder equity of €8.2M and total debt of €3.9M, which brings its debt-to-equity ratio to 47.1%. Its total assets and total liabilities are €13.9M and €5.7M respectively. Agros Development Company Proodos's EBIT is €957.0K making its interest coverage ratio 42.2. It has cash and short-term investments of €588.1K.
Key information
47.1%
Debt to equity ratio
€3.88m
Debt
| Interest coverage ratio | 42.2x |
| Cash | €588.13k |
| Equity | €8.25m |
| Total liabilities | €5.68m |
| Total assets | €13.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGRO's short term assets (€1.5M) exceed its short term liabilities (€1.5M).
Long Term Liabilities: AGRO's short term assets (€1.5M) do not cover its long term liabilities (€4.2M).
Debt to Equity History and Analysis
Debt Level: AGRO's net debt to equity ratio (40%) is considered satisfactory.
Reducing Debt: AGRO's debt to equity ratio has reduced from 95.8% to 47.1% over the past 5 years.
Debt Coverage: AGRO's debt is well covered by operating cash flow (37.1%).
Interest Coverage: AGRO's interest payments on its debt are well covered by EBIT (42.2x coverage).