Secanda Balance Sheet Health
Financial Health criteria checks 5/6
Secanda has a total shareholder equity of €11.5M and total debt of €4.2M, which brings its debt-to-equity ratio to 36.8%. Its total assets and total liabilities are €24.6M and €13.1M respectively.
Key information
36.8%
Debt to equity ratio
€4.23m
Debt
| Interest coverage ratio | n/a |
| Cash | €2.61m |
| Equity | €11.48m |
| Total liabilities | €13.10m |
| Total assets | €24.58m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SC8's short term assets (€11.5M) exceed its short term liabilities (€7.3M).
Long Term Liabilities: SC8's short term assets (€11.5M) exceed its long term liabilities (€5.8M).
Debt to Equity History and Analysis
Debt Level: SC8's net debt to equity ratio (14.1%) is considered satisfactory.
Reducing Debt: SC8's debt to equity ratio has reduced from 52.5% to 36.8% over the past 5 years.
Debt Coverage: SC8's debt is well covered by operating cash flow (37.4%).
Interest Coverage: Insufficient data to determine if SC8's interest payments on its debt are well covered by EBIT.