EUROKAI GmbH KGaA Balance Sheet Health
Financial Health criteria checks 6/6
EUROKAI GmbH KGaA has a total shareholder equity of €598.4M and total debt of €11.1M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are €906.3M and €307.9M respectively. EUROKAI GmbH KGaA's EBIT is €31.5M making its interest coverage ratio 123. It has cash and short-term investments of €185.9M.
Key information
1.9%
Debt to equity ratio
€11.13m
Debt
| Interest coverage ratio | 123x |
| Cash | €185.85m |
| Equity | €598.45m |
| Total liabilities | €307.87m |
| Total assets | €906.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EUK3's short term assets (€299.0M) exceed its short term liabilities (€72.0M).
Long Term Liabilities: EUK3's short term assets (€299.0M) exceed its long term liabilities (€235.8M).
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 11.6% to 1.9% over the past 5 years.
Debt Coverage: EUK3's debt is well covered by operating cash flow (390.2%).
Interest Coverage: EUK3's interest payments on its debt are well covered by EBIT (123x coverage).