HAMMONIA Schiffsholding Balance Sheet Health
Financial Health criteria checks 5/6
HAMMONIA Schiffsholding has a total shareholder equity of €55.6M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €58.5M and €2.9M respectively. HAMMONIA Schiffsholding's EBIT is €2.9M making its interest coverage ratio -1.9. It has cash and short-term investments of €1.1M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | -1.9x |
| Cash | €1.11m |
| Equity | €55.60m |
| Total liabilities | €2.93m |
| Total assets | €58.53m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: HHX's short term assets (€2.4M) exceed its short term liabilities (€246.3K).
Long Term Liabilities: HHX's short term assets (€2.4M) do not cover its long term liabilities (€2.7M).
Debt to Equity History and Analysis
Debt Level: HHX is debt free.
Reducing Debt: HHX has no debt compared to 5 years ago when its debt to equity ratio was 70%.
Debt Coverage: HHX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HHX has no debt, therefore coverage of interest payments is not a concern.