Schweizer Electronic Balance Sheet Health
Financial Health criteria checks 4/6
Schweizer Electronic has a total shareholder equity of €25.8M and total debt of €24.3M, which brings its debt-to-equity ratio to 94%. Its total assets and total liabilities are €106.1M and €80.3M respectively. Schweizer Electronic's EBIT is €40.9M making its interest coverage ratio 11. It has cash and short-term investments of €7.7M.
Key information
94.0%
Debt to equity ratio
€24.25m
Debt
Interest coverage ratio | 11x |
Cash | €7.69m |
Equity | €25.79m |
Total liabilities | €80.33m |
Total assets | €106.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCE's short term assets (€57.8M) exceed its short term liabilities (€33.6M).
Long Term Liabilities: SCE's short term assets (€57.8M) exceed its long term liabilities (€46.8M).
Debt to Equity History and Analysis
Debt Level: SCE's net debt to equity ratio (64.2%) is considered high.
Reducing Debt: SCE's debt to equity ratio has increased from 40.4% to 94% over the past 5 years.
Debt Coverage: SCE's debt is well covered by operating cash flow (40.8%).
Interest Coverage: SCE's interest payments on its debt are well covered by EBIT (11x coverage).