Línea Directa Aseguradora Compañía de Seguros y Reaseguros Balance Sheet Health
Financial Health criteria checks 4/6
Línea Directa Aseguradora Compañía de Seguros y Reaseguros has a total shareholder equity of €351.8M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €1.2B and €856.1M respectively. Línea Directa Aseguradora Compañía de Seguros y Reaseguros's EBIT is €138.8M making its interest coverage ratio -9913. It has cash and short-term investments of €89.4M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | -9913x |
| Cash | €89.42m |
| Equity | €351.77m |
| Total liabilities | €856.08m |
| Total assets | €1.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8I2's short term assets (€124.9M) do not cover its short term liabilities (€399.9M).
Long Term Liabilities: 8I2's short term assets (€124.9M) do not cover its long term liabilities (€456.2M).
Debt to Equity History and Analysis
Debt Level: 8I2 is debt free.
Reducing Debt: 8I2 has no debt compared to 5 years ago when its debt to equity ratio was 41.6%.
Debt Coverage: 8I2 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 8I2 has no debt, therefore coverage of interest payments is not a concern.