EURO Ressources Balance Sheet Health
Financial Health criteria checks 6/6
EURO Ressources has a total shareholder equity of €39.7M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €43.1M and €3.4M respectively. EURO Ressources's EBIT is €30.4M making its interest coverage ratio -27.7. It has cash and short-term investments of €24.5M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | -27.7x |
| Cash | €24.52m |
| Equity | €39.67m |
| Total liabilities | €3.40m |
| Total assets | €43.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GY5's short term assets (€33.5M) exceed its short term liabilities (€3.1M).
Long Term Liabilities: GY5's short term assets (€33.5M) exceed its long term liabilities (€334.0K).
Debt to Equity History and Analysis
Debt Level: GY5 is debt free.
Reducing Debt: GY5 has not had any debt for past 5 years.
Debt Coverage: GY5 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GY5 has no debt, therefore coverage of interest payments is not a concern.