Relatech Balance Sheet Health
Financial Health criteria checks 3/6
Relatech has a total shareholder equity of €36.4M and total debt of €28.7M, which brings its debt-to-equity ratio to 78.9%. Its total assets and total liabilities are €88.8M and €52.4M respectively. Relatech's EBIT is €5.1M making its interest coverage ratio 3.5. It has cash and short-term investments of €9.7M.
Key information
78.9%
Debt to equity ratio
€28.71m
Debt
| Interest coverage ratio | 3.5x |
| Cash | €9.70m |
| Equity | €36.40m |
| Total liabilities | €52.35m |
| Total assets | €88.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8EP's short term assets (€38.6M) exceed its short term liabilities (€22.9M).
Long Term Liabilities: 8EP's short term assets (€38.6M) exceed its long term liabilities (€29.5M).
Debt to Equity History and Analysis
Debt Level: 8EP's net debt to equity ratio (52.2%) is considered high.
Reducing Debt: 8EP's debt to equity ratio has increased from 38.6% to 78.9% over the past 5 years.
Debt Coverage: 8EP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8EP's interest payments on its debt are well covered by EBIT (3.5x coverage).