Quonia Socimi Balance Sheet Health
Financial Health criteria checks 3/6
Quonia Socimi has a total shareholder equity of €36.7M and total debt of €13.3M, which brings its debt-to-equity ratio to 36.3%. Its total assets and total liabilities are €55.6M and €19.0M respectively. Quonia Socimi's EBIT is €2.2M making its interest coverage ratio 2.7. It has cash and short-term investments of €2.1M.
Key information
36.3%
Debt to equity ratio
€13.32m
Debt
| Interest coverage ratio | 2.7x |
| Cash | €2.05m |
| Equity | €36.66m |
| Total liabilities | €18.96m |
| Total assets | €55.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YQUO's short term assets (€2.3M) do not cover its short term liabilities (€6.3M).
Long Term Liabilities: YQUO's short term assets (€2.3M) do not cover its long term liabilities (€12.6M).
Debt to Equity History and Analysis
Debt Level: YQUO's net debt to equity ratio (30.8%) is considered satisfactory.
Reducing Debt: YQUO's debt to equity ratio has reduced from 71.2% to 36.3% over the past 5 years.
Debt Coverage: YQUO's debt is well covered by operating cash flow (23.9%).
Interest Coverage: YQUO's interest payments on its debt are not well covered by EBIT (2.7x coverage).