Arco Vara Balance Sheet Health
Financial Health criteria checks 4/6
Arco Vara has a total shareholder equity of €20.7M and total debt of €11.3M, which brings its debt-to-equity ratio to 54.6%. Its total assets and total liabilities are €35.1M and €14.4M respectively. Arco Vara's EBIT is €3.9M making its interest coverage ratio 9.2. It has cash and short-term investments of €734.0K.
Key information
54.6%
Debt to equity ratio
€11.29m
Debt
Interest coverage ratio | 9.2x |
Cash | €734.00k |
Equity | €20.67m |
Total liabilities | €14.41m |
Total assets | €35.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AV1's short term assets (€34.5M) exceed its short term liabilities (€6.5M).
Long Term Liabilities: AV1's short term assets (€34.5M) exceed its long term liabilities (€7.9M).
Debt to Equity History and Analysis
Debt Level: AV1's net debt to equity ratio (51.1%) is considered high.
Reducing Debt: AV1's debt to equity ratio has reduced from 129.4% to 54.6% over the past 5 years.
Debt Coverage: AV1's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AV1's interest payments on its debt are well covered by EBIT (9.2x coverage).