Atenor Balance Sheet Health
Financial Health criteria checks 3/6
Atenor has a total shareholder equity of €342.7M and total debt of €804.9M, which brings its debt-to-equity ratio to 234.9%. Its total assets and total liabilities are €1.3B and €957.0M respectively. Atenor's EBIT is €5.4M making its interest coverage ratio 0.2. It has cash and short-term investments of €55.4M.
Key information
234.9%
Debt to equity ratio
€804.92m
Debt
| Interest coverage ratio | 0.2x |
| Cash | €55.41m |
| Equity | €342.73m |
| Total liabilities | €956.95m |
| Total assets | €1.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Z5S's short term assets (€1.1B) exceed its short term liabilities (€527.7M).
Long Term Liabilities: Z5S's short term assets (€1.1B) exceed its long term liabilities (€429.3M).
Debt to Equity History and Analysis
Debt Level: Z5S's net debt to equity ratio (218.7%) is considered high.
Reducing Debt: Z5S's debt to equity ratio has reduced from 324% to 234.9% over the past 5 years.
Debt Coverage: Z5S's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Z5S's interest payments on its debt are not well covered by EBIT (0.2x coverage).