Arteche Lantegi Elkartea Balance Sheet Health
Financial Health criteria checks 3/6
Arteche Lantegi Elkartea has a total shareholder equity of €73.9M and total debt of €103.5M, which brings its debt-to-equity ratio to 140.1%. Its total assets and total liabilities are €327.8M and €253.8M respectively. Arteche Lantegi Elkartea's EBIT is €22.4M making its interest coverage ratio 3. It has cash and short-term investments of €63.1M.
Key information
140.1%
Debt to equity ratio
€103.52m
Debt
Interest coverage ratio | 3x |
Cash | €63.11m |
Equity | €73.91m |
Total liabilities | €253.84m |
Total assets | €327.75m |
Recent financial health updates
No updates
Recent updates
Investors 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 (€221.1M) exceed its short term liabilities (€180.5M).
Long Term Liabilities: ART's short term assets (€221.1M) exceed its long term liabilities (€73.3M).
Debt to Equity History and Analysis
Debt Level: ART's net debt to equity ratio (54.7%) 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 (30.3%).
Interest Coverage: ART's interest payments on its debt are not well covered by EBIT (3x coverage).