Arcure Balance Sheet Health
Financial Health criteria checks 4/6
Arcure has a total shareholder equity of €6.8M and total debt of €7.8M, which brings its debt-to-equity ratio to 113.9%. Its total assets and total liabilities are €18.8M and €12.0M respectively. Arcure's EBIT is €2.9M making its interest coverage ratio 6.6. It has cash and short-term investments of €3.7M.
Key information
113.9%
Debt to equity ratio
€7.77m
Debt
| Interest coverage ratio | 6.6x |
| Cash | €3.73m |
| Equity | €6.82m |
| Total liabilities | €12.01m |
| Total assets | €18.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 340's short term assets (€13.2M) exceed its short term liabilities (€5.4M).
Long Term Liabilities: 340's short term assets (€13.2M) exceed its long term liabilities (€6.7M).
Debt to Equity History and Analysis
Debt Level: 340's net debt to equity ratio (59.2%) is considered high.
Reducing Debt: 340's debt to equity ratio has increased from 11.9% to 113.9% over the past 5 years.
Debt Coverage: 340's debt is well covered by operating cash flow (28.2%).
Interest Coverage: 340's interest payments on its debt are well covered by EBIT (6.6x coverage).