Laboratorio Reig Jofre Balance Sheet Health
Financial Health criteria checks 5/6
Laboratorio Reig Jofre has a total shareholder equity of €207.0M and total debt of €45.2M, which brings its debt-to-equity ratio to 21.8%. Its total assets and total liabilities are €343.6M and €136.6M respectively. Laboratorio Reig Jofre's EBIT is €13.2M making its interest coverage ratio 15.3. It has cash and short-term investments of €6.7M.
Key information
21.8%
Debt to equity ratio
€45.20m
Debt
Interest coverage ratio | 15.3x |
Cash | €6.67m |
Equity | €206.95m |
Total liabilities | €136.65m |
Total assets | €343.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FEQ1's short term assets (€147.6M) exceed its short term liabilities (€92.7M).
Long Term Liabilities: FEQ1's short term assets (€147.6M) exceed its long term liabilities (€43.9M).
Debt to Equity History and Analysis
Debt Level: FEQ1's net debt to equity ratio (18.6%) is considered satisfactory.
Reducing Debt: FEQ1's debt to equity ratio has increased from 9.6% to 21.8% over the past 5 years.
Debt Coverage: FEQ1's debt is well covered by operating cash flow (42.3%).
Interest Coverage: FEQ1's interest payments on its debt are well covered by EBIT (15.3x coverage).