Class Editori Balance Sheet Health
Financial Health criteria checks 3/6
Class Editori has a total shareholder equity of €24.4M and total debt of €34.4M, which brings its debt-to-equity ratio to 140.5%. Its total assets and total liabilities are €170.6M and €146.2M respectively. Class Editori's EBIT is €5.8M making its interest coverage ratio 3.4. It has cash and short-term investments of €6.9M.
Key information
140.5%
Debt to equity ratio
€34.36m
Debt
Interest coverage ratio | 3.4x |
Cash | €6.91m |
Equity | €24.45m |
Total liabilities | €146.15m |
Total assets | €170.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EDT1's short term assets (€65.8M) do not cover its short term liabilities (€86.9M).
Long Term Liabilities: EDT1's short term assets (€65.8M) exceed its long term liabilities (€59.3M).
Debt to Equity History and Analysis
Debt Level: EDT1's net debt to equity ratio (112.3%) is considered high.
Reducing Debt: EDT1's debt to equity ratio has reduced from 288.3% to 140.5% over the past 5 years.
Debt Coverage: EDT1's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: EDT1's interest payments on its debt are well covered by EBIT (3.4x coverage).