LIMES Schlosskliniken Balance Sheet Health
Financial Health criteria checks 5/6
LIMES Schlosskliniken has a total shareholder equity of €16.6M and total debt of €10.1M, which brings its debt-to-equity ratio to 60.6%. Its total assets and total liabilities are €33.2M and €16.6M respectively. LIMES Schlosskliniken's EBIT is €5.0M making its interest coverage ratio 11.4. It has cash and short-term investments of €8.5M.
Key information
60.6%
Debt to equity ratio
€10.09m
Debt
| Interest coverage ratio | 11.4x |
| Cash | €8.52m |
| Equity | €16.64m |
| Total liabilities | €16.61m |
| Total assets | €33.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LIK's short term assets (€15.0M) exceed its short term liabilities (€4.4M).
Long Term Liabilities: LIK's short term assets (€15.0M) exceed its long term liabilities (€12.2M).
Debt to Equity History and Analysis
Debt Level: LIK's net debt to equity ratio (9.4%) is considered satisfactory.
Reducing Debt: LIK's debt to equity ratio has increased from 0% to 60.6% over the past 5 years.
Debt Coverage: LIK's debt is well covered by operating cash flow (62.4%).
Interest Coverage: LIK's interest payments on its debt are well covered by EBIT (11.4x coverage).