Arcure Balance Sheet Health
Financial Health criteria checks 2/6
Arcure has a total shareholder equity of €5.2M and total debt of €8.3M, which brings its debt-to-equity ratio to 159.3%. Its total assets and total liabilities are €18.0M and €12.8M respectively. Arcure's EBIT is €1.7M making its interest coverage ratio 2.9. It has cash and short-term investments of €2.9M.
Key information
159.3%
Debt to equity ratio
€8.27m
Debt
Interest coverage ratio | 2.9x |
Cash | €2.88m |
Equity | €5.19m |
Total liabilities | €12.79m |
Total assets | €17.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 340's short term assets (€12.2M) exceed its short term liabilities (€4.3M).
Long Term Liabilities: 340's short term assets (€12.2M) exceed its long term liabilities (€8.5M).
Debt to Equity History and Analysis
Debt Level: 340's net debt to equity ratio (103.9%) is considered high.
Reducing Debt: 340's debt to equity ratio has increased from 122.6% to 159.3% over the past 5 years.
Debt Coverage: 340's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 340's interest payments on its debt are not well covered by EBIT (2.9x coverage).