Holland Colours Balance Sheet Health
Financial Health criteria checks 6/6
Holland Colours has a total shareholder equity of €59.0M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €73.9M and €14.9M respectively. Holland Colours's EBIT is €5.2M making its interest coverage ratio 1733. It has cash and short-term investments of €14.6M.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | 1733x |
Cash | €14.56m |
Equity | €59.01m |
Total liabilities | €14.93m |
Total assets | €73.95m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HCY's short term assets (€48.0M) exceed its short term liabilities (€13.5M).
Long Term Liabilities: HCY's short term assets (€48.0M) exceed its long term liabilities (€1.4M).
Debt to Equity History and Analysis
Debt Level: HCY is debt free.
Reducing Debt: HCY had no debt 5 years ago.
Debt Coverage: HCY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HCY has no debt, therefore coverage of interest payments is not a concern.