Floridienne Balance Sheet Health
Financial Health criteria checks 3/6
Floridienne has a total shareholder equity of €639.4M and total debt of €346.8M, which brings its debt-to-equity ratio to 54.2%. Its total assets and total liabilities are €1.3B and €656.2M respectively. Floridienne's EBIT is €37.0M making its interest coverage ratio 2.4. It has cash and short-term investments of €137.8M.
Key information
54.2%
Debt to equity ratio
€346.79m
Debt
| Interest coverage ratio | 2.4x |
| Cash | €137.83m |
| Equity | €639.36m |
| Total liabilities | €656.19m |
| Total assets | €1.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OI9's short term assets (€409.7M) exceed its short term liabilities (€187.5M).
Long Term Liabilities: OI9's short term assets (€409.7M) do not cover its long term liabilities (€468.7M).
Debt to Equity History and Analysis
Debt Level: OI9's net debt to equity ratio (32.7%) is considered satisfactory.
Reducing Debt: OI9's debt to equity ratio has reduced from 77% to 54.2% over the past 5 years.
Debt Coverage: OI9's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: OI9's interest payments on its debt are not well covered by EBIT (2.4x coverage).