Phoenix Spree Deutschland Balance Sheet Health
Financial Health criteria checks 1/6
Phoenix Spree Deutschland has a total shareholder equity of €317.6M and total debt of €321.2M, which brings its debt-to-equity ratio to 101.1%. Its total assets and total liabilities are €709.0M and €391.4M respectively. Phoenix Spree Deutschland's EBIT is €6.4M making its interest coverage ratio 0.4. It has cash and short-term investments of €11.0M.
Key information
101.1%
Debt to equity ratio
€321.24m
Debt
| Interest coverage ratio | 0.4x |
| Cash | €11.00m |
| Equity | €317.63m |
| Total liabilities | €391.40m |
| Total assets | €709.03m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: A2E's short term assets (€84.4M) exceed its short term liabilities (€14.3M).
Long Term Liabilities: A2E's short term assets (€84.4M) do not cover its long term liabilities (€377.1M).
Debt to Equity History and Analysis
Debt Level: A2E's net debt to equity ratio (97.7%) is considered high.
Reducing Debt: A2E's debt to equity ratio has increased from 49.1% to 101.1% over the past 5 years.
Debt Coverage: A2E's debt is not well covered by operating cash flow (2.1%).
Interest Coverage: A2E's interest payments on its debt are not well covered by EBIT (0.4x coverage).