Clasquin Balance Sheet Health
Financial Health criteria checks 6/6
Clasquin has a total shareholder equity of €59.9M and total debt of €27.1M, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are €248.6M and €188.7M respectively. Clasquin's EBIT is €33.4M making its interest coverage ratio -31.8. It has cash and short-term investments of €56.0M.
Key information
45.3%
Debt to equity ratio
€27.15m
Debt
| Interest coverage ratio | -31.8x |
| Cash | €56.02m |
| Equity | €59.91m |
| Total liabilities | €188.66m |
| Total assets | €248.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7J4's short term assets (€181.2M) exceed its short term liabilities (€141.2M).
Long Term Liabilities: 7J4's short term assets (€181.2M) exceed its long term liabilities (€47.4M).
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 143.2% to 45.3% over the past 5 years.
Debt Coverage: 7J4's debt is well covered by operating cash flow (246.4%).
Interest Coverage: 7J4 earns more interest than it pays, so coverage of interest payments is not a concern.