Clasquin Balance Sheet Health
Financial Health criteria checks 5/6
Clasquin has a total shareholder equity of €67.7M and total debt of €44.1M, which brings its debt-to-equity ratio to 65.2%. Its total assets and total liabilities are €271.3M and €203.6M respectively. Clasquin's EBIT is €26.0M making its interest coverage ratio 14.7. It has cash and short-term investments of €45.8M.
Key information
65.2%
Debt to equity ratio
€44.15m
Debt
| Interest coverage ratio | 14.7x |
| Cash | €45.76m |
| Equity | €67.74m |
| Total liabilities | €203.60m |
| Total assets | €271.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7J4's short term assets (€191.8M) exceed its short term liabilities (€158.1M).
Long Term Liabilities: 7J4's short term assets (€191.8M) exceed its long term liabilities (€45.5M).
Debt to Equity History and Analysis
Debt Level: 7J4 has more cash than its total debt.
Reducing Debt: 7J4's debt to equity ratio has reduced from 171.5% to 65.2% over the past 5 years.
Debt Coverage: 7J4's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: 7J4's interest payments on its debt are well covered by EBIT (14.7x coverage).