General de Alquiler de Maquinaria Balance Sheet Health
Financial Health criteria checks 2/6
General de Alquiler de Maquinaria has a total shareholder equity of €104.0M and total debt of €224.6M, which brings its debt-to-equity ratio to 215.9%. Its total assets and total liabilities are €537.2M and €433.2M respectively. General de Alquiler de Maquinaria's EBIT is €10.2M making its interest coverage ratio 0.8. It has cash and short-term investments of €39.1M.
Key information
215.9%
Debt to equity ratio
€224.64m
Debt
| Interest coverage ratio | 0.8x |
| Cash | €39.08m |
| Equity | €104.03m |
| Total liabilities | €433.20m |
| Total assets | €537.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4LX's short term assets (€144.4M) do not cover its short term liabilities (€159.7M).
Long Term Liabilities: 4LX's short term assets (€144.4M) do not cover its long term liabilities (€273.5M).
Debt to Equity History and Analysis
Debt Level: 4LX's net debt to equity ratio (178.4%) is considered high.
Reducing Debt: 4LX had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 4LX's debt is well covered by operating cash flow (36.4%).
Interest Coverage: 4LX's interest payments on its debt are not well covered by EBIT (0.8x coverage).