Artnet Balance Sheet Health
Financial Health criteria checks 3/6
Artnet has a total shareholder equity of €4.3M and total debt of €253.7K, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are €11.7M and €7.3M respectively.
Key information
5.9%
Debt to equity ratio
€253.68k
Debt
| Interest coverage ratio | n/a |
| Cash | €573.82k |
| Equity | €4.31m |
| Total liabilities | €7.35m |
| Total assets | €11.66m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ART's short term assets (€3.4M) do not cover its short term liabilities (€7.3M).
Long Term Liabilities: ART's short term assets (€3.4M) exceed its long term liabilities (€93.8K).
Debt to Equity History and Analysis
Debt Level: ART has more cash than its total debt.
Reducing Debt: ART's debt to equity ratio has increased from 0% to 5.9% over the past 5 years.
Debt Coverage: ART's debt is well covered by operating cash flow (555.7%).
Interest Coverage: Insufficient data to determine if ART's interest payments on its debt are well covered by EBIT.