Ascencio Balance Sheet Health
Financial Health criteria checks 1/6
Ascencio has a total shareholder equity of €423.1M and total debt of €328.5M, which brings its debt-to-equity ratio to 77.6%. Its total assets and total liabilities are €775.8M and €352.6M respectively. Ascencio's EBIT is €43.3M making its interest coverage ratio 4.2. It has cash and short-term investments of €3.2M.
Key information
77.6%
Debt to equity ratio
€328.45m
Debt
Interest coverage ratio | 4.2x |
Cash | €3.15m |
Equity | €423.14m |
Total liabilities | €352.62m |
Total assets | €775.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZYY's short term assets (€14.1M) do not cover its short term liabilities (€117.2M).
Long Term Liabilities: ZYY's short term assets (€14.1M) do not cover its long term liabilities (€235.5M).
Debt to Equity History and Analysis
Debt Level: ZYY's net debt to equity ratio (76.9%) is considered high.
Reducing Debt: ZYY's debt to equity ratio has increased from 76.3% to 77.6% over the past 5 years.
Debt Coverage: ZYY's debt is not well covered by operating cash flow (14%).
Interest Coverage: ZYY's interest payments on its debt are well covered by EBIT (4.2x coverage).