Arteche Lantegi Elkartea Balance Sheet Health
Financial Health criteria checks 4/6
Arteche Lantegi Elkartea has a total shareholder equity of €74.8M and total debt of €104.4M, which brings its debt-to-equity ratio to 139.7%. Its total assets and total liabilities are €331.5M and €256.8M respectively. Arteche Lantegi Elkartea's EBIT is €30.0M making its interest coverage ratio 3.9. It has cash and short-term investments of €65.7M.
Key information
139.7%
Debt to equity ratio
€104.43m
Debt
| Interest coverage ratio | 3.9x |
| Cash | €65.67m |
| Equity | €74.76m |
| Total liabilities | €256.78m |
| Total assets | €331.54m |
Recent financial health updates
No updates
Recent updates
Arteche Lantegi Elkartea's (BME:ART) Solid Earnings Are Supported By Other Strong Factors
Sep 13
An Intrinsic Calculation For Arteche Lantegi Elkartea, S.A. (BME:ART) Suggests It's 38% Undervalued
Jul 12Investors Appear Satisfied With Arteche Lantegi Elkartea, S.A.'s (BME:ART) Prospects As Shares Rocket 26%
Mar 31Arteche Lantegi Elkartea (BME:ART) Has Some Way To Go To Become A Multi-Bagger
Mar 22We Think That There Are More Issues For Arteche Lantegi Elkartea (BME:ART) Than Just Sluggish Earnings
Apr 08Financial Position Analysis
Short Term Liabilities: ART's short term assets (€225.9M) exceed its short term liabilities (€185.8M).
Long Term Liabilities: ART's short term assets (€225.9M) exceed its long term liabilities (€71.0M).
Debt to Equity History and Analysis
Debt Level: ART's net debt to equity ratio (51.8%) is considered high.
Reducing Debt: Insufficient data to determine if ART's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ART's debt is well covered by operating cash flow (40.2%).
Interest Coverage: ART's interest payments on its debt are well covered by EBIT (3.9x coverage).