What's Cooking Group/SA Balance Sheet Health
Financial Health criteria checks 5/6
What's Cooking Group/SA has a total shareholder equity of €129.1M and total debt of €52.8M, which brings its debt-to-equity ratio to 40.9%. Its total assets and total liabilities are €372.1M and €243.0M respectively. What's Cooking Group/SA's EBIT is €25.3M making its interest coverage ratio 4.1. It has cash and short-term investments of €21.9M.
Key information
40.9%
Debt to equity ratio
€52.83m
Debt
| Interest coverage ratio | 4.1x |
| Cash | €21.95m |
| Equity | €129.08m |
| Total liabilities | €243.03m |
| Total assets | €372.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BD0's short term assets (€148.8M) do not cover its short term liabilities (€181.6M).
Long Term Liabilities: BD0's short term assets (€148.8M) exceed its long term liabilities (€61.4M).
Debt to Equity History and Analysis
Debt Level: BD0's net debt to equity ratio (23.9%) is considered satisfactory.
Reducing Debt: BD0's debt to equity ratio has reduced from 110.6% to 40.9% over the past 5 years.
Debt Coverage: BD0's debt is well covered by operating cash flow (144.9%).
Interest Coverage: BD0's interest payments on its debt are well covered by EBIT (4.1x coverage).