EuropaCorp Balance Sheet Health
Financial Health criteria checks 2/6
EuropaCorp has a total shareholder equity of €1.5M and total debt of €69.0M, which brings its debt-to-equity ratio to 4478.8%. Its total assets and total liabilities are €111.5M and €110.0M respectively. EuropaCorp's EBIT is €4.3M making its interest coverage ratio 1. It has cash and short-term investments of €41.6M.
Key information
4,478.8%
Debt to equity ratio
€68.97m
Debt
Interest coverage ratio | 1x |
Cash | €41.57m |
Equity | €1.54m |
Total liabilities | €109.98m |
Total assets | €111.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AZ6's short term assets (€66.6M) exceed its short term liabilities (€36.8M).
Long Term Liabilities: AZ6's short term assets (€66.6M) do not cover its long term liabilities (€73.2M).
Debt to Equity History and Analysis
Debt Level: AZ6's net debt to equity ratio (1779.4%) is considered high.
Reducing Debt: AZ6 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if AZ6 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AZ6 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.