EuroGroup Laminations Balance Sheet Health
Financial Health criteria checks 4/6
EuroGroup Laminations has a total shareholder equity of €461.3M and total debt of €396.9M, which brings its debt-to-equity ratio to 86%. Its total assets and total liabilities are €1.2B and €768.7M respectively. EuroGroup Laminations's EBIT is €69.6M making its interest coverage ratio 3.1. It has cash and short-term investments of €231.8M.
Key information
86.0%
Debt to equity ratio
€396.88m
Debt
| Interest coverage ratio | 3.1x |
| Cash | €231.83m |
| Equity | €461.28m |
| Total liabilities | €768.69m |
| Total assets | €1.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QK9's short term assets (€808.9M) exceed its short term liabilities (€466.4M).
Long Term Liabilities: QK9's short term assets (€808.9M) exceed its long term liabilities (€302.3M).
Debt to Equity History and Analysis
Debt Level: QK9's net debt to equity ratio (35.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if QK9's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: QK9's debt is not well covered by operating cash flow (16%).
Interest Coverage: QK9's interest payments on its debt are well covered by EBIT (3.1x coverage).