Smarttech247 Group Balance Sheet Health
Financial Health criteria checks 6/6
Smarttech247 Group has a total shareholder equity of €11.3M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €14.9M and €3.7M respectively. Smarttech247 Group's EBIT is €195.0K making its interest coverage ratio 4.8. It has cash and short-term investments of €4.5M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | 4.8x |
| Cash | €4.51m |
| Equity | €11.25m |
| Total liabilities | €3.69m |
| Total assets | €14.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XW4's short term assets (€8.0M) exceed its short term liabilities (€3.5M).
Long Term Liabilities: XW4's short term assets (€8.0M) exceed its long term liabilities (€218.0K).
Debt to Equity History and Analysis
Debt Level: XW4 is debt free.
Reducing Debt: XW4 had no debt 5 years ago.
Debt Coverage: XW4 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: XW4 has no debt, therefore coverage of interest payments is not a concern.