LUDWIG BECK am Rathauseck - Textilhaus Feldmeier Balance Sheet Health
Financial Health criteria checks 1/6
LUDWIG BECK am Rathauseck - Textilhaus Feldmeier has a total shareholder equity of €63.2M and total debt of €44.5M, which brings its debt-to-equity ratio to 70.4%. Its total assets and total liabilities are €168.5M and €105.3M respectively. LUDWIG BECK am Rathauseck - Textilhaus Feldmeier's EBIT is €2.2M making its interest coverage ratio 0.8. It has cash and short-term investments of €400.0K.
Key information
70.4%
Debt to equity ratio
€44.50m
Debt
| Interest coverage ratio | 0.8x |
| Cash | €400.00k |
| Equity | €63.20m |
| Total liabilities | €105.30m |
| Total assets | €168.50m |
Recent financial health updates
We Think LUDWIG BECK am Rathauseck - Textilhaus Feldmeier (ETR:ECK) Can Stay On Top Of Its Debt
Sep 02
We Think LUDWIG BECK am Rathauseck - Textilhaus Feldmeier (ETR:ECK) Is Taking Some Risk With Its Debt
Apr 03Does LUDWIG BECK am Rathauseck - Textilhaus Feldmeier (ETR:ECK) Have A Healthy Balance Sheet?
May 03Recent updates
LUDWIG BECK am Rathauseck - Textilhaus Feldmeier AG (ETR:ECK) Stock Rockets 27% But Many Are Still Ignoring The Company
Jan 20We Think LUDWIG BECK am Rathauseck - Textilhaus Feldmeier (ETR:ECK) Can Stay On Top Of Its Debt
Sep 02LUDWIG BECK am Rathauseck - Textilhaus Feldmeier (ETR:ECK) Will Be Hoping To Turn Its Returns On Capital Around
Jul 27LUDWIG BECK am Rathauseck - Textilhaus Feldmeier (ETR:ECK) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 08We Think LUDWIG BECK am Rathauseck - Textilhaus Feldmeier (ETR:ECK) Is Taking Some Risk With Its Debt
Apr 03Does LUDWIG BECK am Rathauseck - Textilhaus Feldmeier (ETR:ECK) Have A Healthy Balance Sheet?
May 03Reflecting on LUDWIG BECK am Rathauseck - Textilhaus Feldmeier's (ETR:ECK) Share Price Returns Over The Last Five Years
Mar 11Returns On Capital At LUDWIG BECK am Rathauseck - Textilhaus Feldmeier (ETR:ECK) Paint An Interesting Picture
Feb 04Financial Position Analysis
Short Term Liabilities: ECK's short term assets (€15.9M) do not cover its short term liabilities (€40.6M).
Long Term Liabilities: ECK's short term assets (€15.9M) do not cover its long term liabilities (€64.7M).
Debt to Equity History and Analysis
Debt Level: ECK's net debt to equity ratio (69.8%) is considered high.
Reducing Debt: ECK's debt to equity ratio has reduced from 195.5% to 70.4% over the past 5 years.
Debt Coverage: ECK's debt is not well covered by operating cash flow (15%).
Interest Coverage: ECK's interest payments on its debt are not well covered by EBIT (0.8x coverage).