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Labomar Balance Sheet Health
Financial Health criteria checks 5/6
Labomar has a total shareholder equity of €50.9M and total debt of €37.2M, which brings its debt-to-equity ratio to 73.1%. Its total assets and total liabilities are €137.5M and €86.6M respectively. Labomar's EBIT is €9.3M making its interest coverage ratio 14.7. It has cash and short-term investments of €21.1M.
Key information
73.1%
Debt to equity ratio
€37.23m
Debt
Interest coverage ratio | 14.7x |
Cash | €21.07m |
Equity | €50.94m |
Total liabilities | €86.60m |
Total assets | €137.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6I7's short term assets (€62.3M) exceed its short term liabilities (€42.1M).
Long Term Liabilities: 6I7's short term assets (€62.3M) exceed its long term liabilities (€44.5M).
Debt to Equity History and Analysis
Debt Level: 6I7's net debt to equity ratio (31.7%) is considered satisfactory.
Reducing Debt: 6I7's debt to equity ratio has increased from 53.8% to 73.1% over the past 5 years.
Debt Coverage: 6I7's debt is well covered by operating cash flow (27%).
Interest Coverage: 6I7's interest payments on its debt are well covered by EBIT (14.7x coverage).