ABL Diagnostics Société anonyme Balance Sheet Health
Financial Health criteria checks 3/6
ABL Diagnostics Société anonyme has a total shareholder equity of €6.8M and total debt of €3.5M, which brings its debt-to-equity ratio to 51.3%. Its total assets and total liabilities are €14.9M and €8.1M respectively.
Key information
51.3%
Debt to equity ratio
€3.47m
Debt
| Interest coverage ratio | n/a |
| Cash | €2.23m |
| Equity | €6.77m |
| Total liabilities | €8.14m |
| Total assets | €14.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABLD's short term assets (€11.6M) exceed its short term liabilities (€5.8M).
Long Term Liabilities: ABLD's short term assets (€11.6M) exceed its long term liabilities (€2.3M).
Debt to Equity History and Analysis
Debt Level: ABLD's net debt to equity ratio (18.4%) is considered satisfactory.
Reducing Debt: ABLD's debt to equity ratio has increased from 0% to 51.3% over the past 5 years.
Debt Coverage: Insufficient data to determine if ABLD's debt is well covered by operating cash flow.
Interest Coverage: Insufficient data to determine if ABLD's interest payments on its debt are well covered by EBIT.