Smartphoto Group Balance Sheet Health
Financial Health criteria checks 5/6
Smartphoto Group has a total shareholder equity of €45.4M and total debt of €2.0M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are €68.4M and €23.0M respectively. Smartphoto Group's EBIT is €8.2M making its interest coverage ratio -199. It has cash and short-term investments of €9.7M.
Key information
4.4%
Debt to equity ratio
€1.99m
Debt
| Interest coverage ratio | -199x |
| Cash | €9.67m |
| Equity | €45.40m |
| Total liabilities | €23.00m |
| Total assets | €68.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YZ7's short term assets (€19.5M) exceed its short term liabilities (€15.5M).
Long Term Liabilities: YZ7's short term assets (€19.5M) exceed its long term liabilities (€7.5M).
Debt to Equity History and Analysis
Debt Level: YZ7 has more cash than its total debt.
Reducing Debt: YZ7's debt to equity ratio has increased from 2.9% to 4.4% over the past 5 years.
Debt Coverage: YZ7's debt is well covered by operating cash flow (509.4%).
Interest Coverage: YZ7 earns more interest than it pays, so coverage of interest payments is not a concern.