Zambal Spain Socimi Balance Sheet Health
Financial Health criteria checks 6/6
Zambalin Socimi has a total shareholder equity of €778.6M and total debt of €57.4M, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are €840.7M and €62.2M respectively. Zambalin Socimi's EBIT is €27.2M making its interest coverage ratio 15.5. It has cash and short-term investments of €50.5M.
Key information
7.4%
Debt to equity ratio
€57.44m
Debt
Interest coverage ratio | 15.5x |
Cash | €50.53m |
Equity | €778.58m |
Total liabilities | €62.17m |
Total assets | €840.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YZBL's short term assets (€55.3M) exceed its short term liabilities (€54.7M).
Long Term Liabilities: YZBL's short term assets (€55.3M) exceed its long term liabilities (€7.4M).
Debt to Equity History and Analysis
Debt Level: YZBL's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: YZBL's debt to equity ratio has reduced from 13.3% to 7.4% over the past 5 years.
Debt Coverage: YZBL's debt is well covered by operating cash flow (68.9%).
Interest Coverage: YZBL's interest payments on its debt are well covered by EBIT (15.5x coverage).