Groupimo Balance Sheet Health
Financial Health criteria checks 5/6
Groupimo has a total shareholder equity of €2.2M and total debt of €280.0, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are €3.6M and €1.4M respectively. Groupimo's EBIT is €121.6K making its interest coverage ratio -11.8. It has cash and short-term investments of €3.7K.
Key information
0.01%
Debt to equity ratio
€280.00
Debt
| Interest coverage ratio | -11.8x |
| Cash | €3.71k |
| Equity | €2.20m |
| Total liabilities | €1.38m |
| Total assets | €3.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9KL0's short term assets (€1.8M) exceed its short term liabilities (€1.0M).
Long Term Liabilities: 9KL0's short term assets (€1.8M) exceed its long term liabilities (€373.2K).
Debt to Equity History and Analysis
Debt Level: 9KL0 has more cash than its total debt.
Reducing Debt: 9KL0's debt to equity ratio has reduced from 1.4% to 0.01% over the past 5 years.
Debt Coverage: Insufficient data to determine if 9KL0's debt is well covered by operating cash flow.
Interest Coverage: 9KL0 earns more interest than it pays, so coverage of interest payments is not a concern.