Quadpack Industries Balance Sheet Health
Financial Health criteria checks 2/6
Quadpack Industries has a total shareholder equity of €32.5M and total debt of €36.3M, which brings its debt-to-equity ratio to 111.7%. Its total assets and total liabilities are €108.4M and €75.9M respectively. Quadpack Industries's EBIT is €5.6M making its interest coverage ratio 1.4. It has cash and short-term investments of €12.0M.
Key information
111.7%
Debt to equity ratio
€36.30m
Debt
| Interest coverage ratio | 1.4x |
| Cash | €12.05m |
| Equity | €32.51m |
| Total liabilities | €75.89m |
| Total assets | €108.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4VP's short term assets (€42.7M) exceed its short term liabilities (€32.5M).
Long Term Liabilities: 4VP's short term assets (€42.7M) do not cover its long term liabilities (€43.4M).
Debt to Equity History and Analysis
Debt Level: 4VP's net debt to equity ratio (74.6%) is considered high.
Reducing Debt: 4VP's debt to equity ratio has increased from 43.7% to 111.7% over the past 5 years.
Debt Coverage: 4VP's debt is well covered by operating cash flow (38%).
Interest Coverage: 4VP's interest payments on its debt are not well covered by EBIT (1.4x coverage).