Stratec Balance Sheet Health
Financial Health criteria checks 4/6
Stratec has a total shareholder equity of €227.8M and total debt of €152.5M, which brings its debt-to-equity ratio to 67%. Its total assets and total liabilities are €450.8M and €223.1M respectively. Stratec's EBIT is €22.4M making its interest coverage ratio 4.3. It has cash and short-term investments of €33.1M.
Key information
67.0%
Debt to equity ratio
€152.54m
Debt
| Interest coverage ratio | 4.3x |
| Cash | €33.11m |
| Equity | €227.76m |
| Total liabilities | €223.08m |
| Total assets | €450.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SBS's short term assets (€235.5M) exceed its short term liabilities (€93.4M).
Long Term Liabilities: SBS's short term assets (€235.5M) exceed its long term liabilities (€129.7M).
Debt to Equity History and Analysis
Debt Level: SBS's net debt to equity ratio (52.4%) is considered high.
Reducing Debt: SBS's debt to equity ratio has increased from 59% to 67% over the past 5 years.
Debt Coverage: SBS's debt is well covered by operating cash flow (22.4%).
Interest Coverage: SBS's interest payments on its debt are well covered by EBIT (4.3x coverage).