LIMES Schlosskliniken Balance Sheet Health
Financial Health criteria checks 5/6
LIMES Schlosskliniken has a total shareholder equity of €18.3M and total debt of €8.7M, which brings its debt-to-equity ratio to 47.3%. Its total assets and total liabilities are €33.4M and €15.1M respectively. LIMES Schlosskliniken's EBIT is €5.4M making its interest coverage ratio 11.7. It has cash and short-term investments of €7.8M.
Key information
47.3%
Debt to equity ratio
€8.67m
Debt
| Interest coverage ratio | 11.7x |
| Cash | €7.83m |
| Equity | €18.33m |
| Total liabilities | €15.08m |
| Total assets | €33.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LIK's short term assets (€15.4M) exceed its short term liabilities (€4.4M).
Long Term Liabilities: LIK's short term assets (€15.4M) exceed its long term liabilities (€10.7M).
Debt to Equity History and Analysis
Debt Level: LIK's net debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: LIK's debt to equity ratio has increased from 0% to 47.3% over the past 5 years.
Debt Coverage: LIK's debt is well covered by operating cash flow (58.7%).
Interest Coverage: LIK's interest payments on its debt are well covered by EBIT (11.7x coverage).