Emak Balance Sheet Health
Financial Health criteria checks 4/6
Emak has a total shareholder equity of €285.4M and total debt of €242.5M, which brings its debt-to-equity ratio to 85%. Its total assets and total liabilities are €699.6M and €414.2M respectively. Emak's EBIT is €31.5M making its interest coverage ratio 2.1. It has cash and short-term investments of €70.2M.
Key information
85.0%
Debt to equity ratio
€242.55m
Debt
| Interest coverage ratio | 2.1x |
| Cash | €70.18m |
| Equity | €285.42m |
| Total liabilities | €414.22m |
| Total assets | €699.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EK4's short term assets (€450.2M) exceed its short term liabilities (€198.9M).
Long Term Liabilities: EK4's short term assets (€450.2M) exceed its long term liabilities (€215.4M).
Debt to Equity History and Analysis
Debt Level: EK4's net debt to equity ratio (60.4%) is considered high.
Reducing Debt: EK4's debt to equity ratio has reduced from 88.2% to 85% over the past 5 years.
Debt Coverage: EK4's debt is well covered by operating cash flow (20.7%).
Interest Coverage: EK4's interest payments on its debt are not well covered by EBIT (2.1x coverage).