Línea Directa Aseguradora Compañía de Seguros y Reaseguros Balance Sheet Health
Financial Health criteria checks 4/6
Línea Directa Aseguradora Compañía de Seguros y Reaseguros has a total shareholder equity of €325.5M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €1.1B and €817.1M respectively. Línea Directa Aseguradora Compañía de Seguros y Reaseguros's EBIT is €10.4M making its interest coverage ratio 5.9. It has cash and short-term investments of €64.4M.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | 5.9x |
Cash | €64.44m |
Equity | €325.52m |
Total liabilities | €817.08m |
Total assets | €1.14b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: LDA's short term assets (€100.7M) do not cover its short term liabilities (€714.0M).
Long Term Liabilities: LDA's short term assets (€100.7M) do not cover its long term liabilities (€103.1M).
Debt to Equity History and Analysis
Debt Level: LDA is debt free.
Reducing Debt: LDA has no debt compared to 5 years ago when its debt to equity ratio was 40.4%.
Debt Coverage: LDA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LDA has no debt, therefore coverage of interest payments is not a concern.