Invibes Advertising Balance Sheet Health
Financial Health criteria checks 4/6
Invibes Advertising has a total shareholder equity of €21.7M and total debt of €6.1M, which brings its debt-to-equity ratio to 28.4%. Its total assets and total liabilities are €38.3M and €16.7M respectively. Invibes Advertising's EBIT is €750.0K making its interest coverage ratio 1.1. It has cash and short-term investments of €16.9M.
Key information
28.4%
Debt to equity ratio
€6.15m
Debt
Interest coverage ratio | 1.1x |
Cash | €16.91m |
Equity | €21.68m |
Total liabilities | €16.67m |
Total assets | €38.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8WR's short term assets (€29.8M) exceed its short term liabilities (€13.2M).
Long Term Liabilities: 8WR's short term assets (€29.8M) exceed its long term liabilities (€3.5M).
Debt to Equity History and Analysis
Debt Level: 8WR has more cash than its total debt.
Reducing Debt: 8WR's debt to equity ratio has reduced from 43.2% to 28.4% over the past 5 years.
Debt Coverage: 8WR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8WR's interest payments on its debt are not well covered by EBIT (1.1x coverage).