Easy Software Balance Sheet Health
Financial Health criteria checks 5/6
Easy Software has a total shareholder equity of €15.3M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €49.5M and €34.2M respectively. Easy Software's EBIT is €3.1M making its interest coverage ratio -6.4. It has cash and short-term investments of €2.3M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | -6.4x |
| Cash | €2.26m |
| Equity | €15.30m |
| Total liabilities | €34.20m |
| Total assets | €49.50m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ESY's short term assets (€8.4M) do not cover its short term liabilities (€29.6M).
Long Term Liabilities: ESY's short term assets (€8.4M) exceed its long term liabilities (€4.6M).
Debt to Equity History and Analysis
Debt Level: ESY is debt free.
Reducing Debt: ESY has no debt compared to 5 years ago when its debt to equity ratio was 28.9%.
Debt Coverage: ESY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ESY has no debt, therefore coverage of interest payments is not a concern.