Eurobio Scientific Société anonyme Balance Sheet Health
Financial Health criteria checks 6/6
Eurobio Scientific Société anonyme has a total shareholder equity of €175.2M and total debt of €94.5M, which brings its debt-to-equity ratio to 54%. Its total assets and total liabilities are €316.3M and €141.2M respectively. Eurobio Scientific Société anonyme's EBIT is €10.1M making its interest coverage ratio 3.1. It has cash and short-term investments of €89.0M.
Key information
54.0%
Debt to equity ratio
€94.51m
Debt
Interest coverage ratio | 3.1x |
Cash | €89.03m |
Equity | €175.17m |
Total liabilities | €141.16m |
Total assets | €316.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: E8TN's short term assets (€143.9M) exceed its short term liabilities (€52.9M).
Long Term Liabilities: E8TN's short term assets (€143.9M) exceed its long term liabilities (€88.3M).
Debt to Equity History and Analysis
Debt Level: E8TN's net debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: E8TN's debt to equity ratio has reduced from 67.6% to 54% over the past 5 years.
Debt Coverage: E8TN's debt is well covered by operating cash flow (28.3%).
Interest Coverage: E8TN's interest payments on its debt are well covered by EBIT (3.1x coverage).