Agros Development Company Proodos Balance Sheet Health
Financial Health criteria checks 4/6
Agros Development Company Proodos has a total shareholder equity of €8.2M and total debt of €3.7M, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are €13.5M and €5.3M respectively. Agros Development Company Proodos's EBIT is €714.5K making its interest coverage ratio 3.4. It has cash and short-term investments of €224.8K.
Key information
45.3%
Debt to equity ratio
€3.70m
Debt
| Interest coverage ratio | 3.4x |
| Cash | €224.76k |
| Equity | €8.17m |
| Total liabilities | €5.30m |
| Total assets | €13.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGRO's short term assets (€1.1M) exceed its short term liabilities (€1.1M).
Long Term Liabilities: AGRO's short term assets (€1.1M) do not cover its long term liabilities (€4.2M).
Debt to Equity History and Analysis
Debt Level: AGRO's net debt to equity ratio (42.5%) is considered high.
Reducing Debt: AGRO's debt to equity ratio has reduced from 102.8% to 45.3% over the past 5 years.
Debt Coverage: AGRO's debt is well covered by operating cash flow (26%).
Interest Coverage: AGRO's interest payments on its debt are well covered by EBIT (3.4x coverage).