Splendid Medien Balance Sheet Health
Financial Health criteria checks 5/6
Splendid Medien has a total shareholder equity of €11.8M and total debt of €2.5M, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are €33.4M and €21.6M respectively. Splendid Medien's EBIT is €3.6M making its interest coverage ratio 8.4. It has cash and short-term investments of €4.5M.
Key information
21.5%
Debt to equity ratio
€2.54m
Debt
Interest coverage ratio | 8.4x |
Cash | €4.54m |
Equity | €11.82m |
Total liabilities | €21.59m |
Total assets | €33.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPM's short term assets (€13.5M) do not cover its short term liabilities (€20.2M).
Long Term Liabilities: SPM's short term assets (€13.5M) exceed its long term liabilities (€1.3M).
Debt to Equity History and Analysis
Debt Level: SPM has more cash than its total debt.
Reducing Debt: SPM's debt to equity ratio has reduced from 92.2% to 21.5% over the past 5 years.
Debt Coverage: SPM's debt is well covered by operating cash flow (551.3%).
Interest Coverage: SPM's interest payments on its debt are well covered by EBIT (8.4x coverage).