EUROKAI GmbH KGaA Balance Sheet Health
Financial Health criteria checks 5/6
EUROKAI GmbH KGaA has a total shareholder equity of €595.5M and total debt of €12.5M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are €909.2M and €313.8M respectively. EUROKAI GmbH KGaA's EBIT is €37.9M making its interest coverage ratio 2.7. It has cash and short-term investments of €251.3M.
Key information
2.1%
Debt to equity ratio
€12.53m
Debt
| Interest coverage ratio | 2.7x |
| Cash | €251.27m |
| Equity | €595.48m |
| Total liabilities | €313.77m |
| Total assets | €909.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EUK3's short term assets (€335.6M) exceed its short term liabilities (€74.1M).
Long Term Liabilities: EUK3's short term assets (€335.6M) exceed its long term liabilities (€239.7M).
Debt to Equity History and Analysis
Debt Level: EUK3 has more cash than its total debt.
Reducing Debt: EUK3's debt to equity ratio has reduced from 16.2% to 2.1% over the past 5 years.
Debt Coverage: EUK3's debt is well covered by operating cash flow (308%).
Interest Coverage: EUK3's interest payments on its debt are not well covered by EBIT (2.7x coverage).