Quonia Socimi Balance Sheet Health
Financial Health criteria checks 2/6
Quonia Socimi has a total shareholder equity of €38.5M and total debt of €24.3M, which brings its debt-to-equity ratio to 63.1%. Its total assets and total liabilities are €63.6M and €25.2M respectively. Quonia Socimi's EBIT is €2.3M making its interest coverage ratio 3.9. It has cash and short-term investments of €1.3M.
Key information
63.1%
Debt to equity ratio
€24.26m
Debt
Interest coverage ratio | 3.9x |
Cash | €1.34m |
Equity | €38.46m |
Total liabilities | €25.17m |
Total assets | €63.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YQUO's short term assets (€1.7M) do not cover its short term liabilities (€2.2M).
Long Term Liabilities: YQUO's short term assets (€1.7M) do not cover its long term liabilities (€23.0M).
Debt to Equity History and Analysis
Debt Level: YQUO's net debt to equity ratio (59.6%) is considered high.
Reducing Debt: YQUO's debt to equity ratio has reduced from 78.4% to 63.1% over the past 5 years.
Debt Coverage: YQUO's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: YQUO's interest payments on its debt are well covered by EBIT (3.9x coverage).