Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco Balance Sheet Health
Financial Health criteria checks 6/6
Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco has a total shareholder equity of €1.6B and total debt of €64.3M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are €2.1B and €583.1M respectively. Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco's EBIT is €69.4M making its interest coverage ratio -3.9. It has cash and short-term investments of €468.5M.
Key information
4.1%
Debt to equity ratio
€64.26m
Debt
Interest coverage ratio | -3.9x |
Cash | €468.54m |
Equity | €1.56b |
Total liabilities | €583.06m |
Total assets | €2.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RJ8's short term assets (€561.8M) exceed its short term liabilities (€379.2M).
Long Term Liabilities: RJ8's short term assets (€561.8M) exceed its long term liabilities (€203.9M).
Debt to Equity History and Analysis
Debt Level: RJ8 has more cash than its total debt.
Reducing Debt: RJ8's debt to equity ratio has reduced from 24.8% to 4.1% over the past 5 years.
Debt Coverage: RJ8's debt is well covered by operating cash flow (254.5%).
Interest Coverage: RJ8 earns more interest than it pays, so coverage of interest payments is not a concern.