Aeternal Mentis Balance Sheet Health
Financial Health criteria checks 3/6
Aeternal Mentis has a total shareholder equity of €7.5M and total debt of €25.3M, which brings its debt-to-equity ratio to 335.2%. Its total assets and total liabilities are €33.0M and €25.4M respectively. Aeternal Mentis's EBIT is €619.3K making its interest coverage ratio 1.7. It has cash and short-term investments of €26.5M.
Key information
335.2%
Debt to equity ratio
€25.28m
Debt
| Interest coverage ratio | 1.7x |
| Cash | €26.48m |
| Equity | €7.54m |
| Total liabilities | €25.44m |
| Total assets | €32.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMEN's short term assets (€27.7M) exceed its short term liabilities (€7.8M).
Long Term Liabilities: AMEN's short term assets (€27.7M) exceed its long term liabilities (€17.6M).
Debt to Equity History and Analysis
Debt Level: AMEN has more cash than its total debt.
Reducing Debt: Insufficient data to determine if AMEN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AMEN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AMEN's interest payments on its debt are not well covered by EBIT (1.7x coverage).