audius Balance Sheet Health
Financial Health criteria checks 5/6
audius has a total shareholder equity of €24.4M and total debt of €3.0M, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are €37.3M and €12.9M respectively. audius's EBIT is €4.3M making its interest coverage ratio 50.3. It has cash and short-term investments of €8.8M.
Key information
12.2%
Debt to equity ratio
€2.97m
Debt
| Interest coverage ratio | 50.3x |
| Cash | €8.82m |
| Equity | €24.38m |
| Total liabilities | €12.90m |
| Total assets | €37.28m |
Recent financial health updates
No updates
Recent updates
Market Participants Recognise audius SE's (FRA:3IT) Earnings Pushing Shares 26% Higher
May 08
Solid Earnings May Not Tell The Whole Story For audius (FRA:3IT)
Apr 29audius (FRA:3IT) Could Become A Multi-Bagger
Mar 15audius (FRA:3IT) Is Paying Out A Larger Dividend Than Last Year
Apr 30We Like audius' (FRA:3IT) Returns And Here's How They're Trending
Nov 20audius SE (FRA:3IT) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates
Apr 30Capital Investments At audius (FRA:3IT) Point To A Promising Future
Jan 06audius (FRA:3IT) Will Be Hoping To Turn Its Returns On Capital Around
Oct 02Is audius SE (FRA:3IT) Trading At A 27% Discount?
May 25Be Wary Of audius (FRA:3IT) And Its Returns On Capital
May 04audius' (FRA:3IT) Solid Profits Have Weak Fundamentals
May 04Are Robust Financials Driving The Recent Rally In audius SE's (FRA:3IT) Stock?
Mar 15Financial Position Analysis
Short Term Liabilities: 3ITN's short term assets (€25.1M) exceed its short term liabilities (€5.7M).
Long Term Liabilities: 3ITN's short term assets (€25.1M) exceed its long term liabilities (€7.2M).
Debt to Equity History and Analysis
Debt Level: 3ITN has more cash than its total debt.
Reducing Debt: 3ITN's debt to equity ratio has increased from 0.3% to 12.2% over the past 5 years.
Debt Coverage: 3ITN's debt is well covered by operating cash flow (84%).
Interest Coverage: 3ITN's interest payments on its debt are well covered by EBIT (50.3x coverage).