ABL Diagnostics Société anonyme Balance Sheet Health
Financial Health criteria checks 4/6
ABL Diagnostics Société anonyme has a total shareholder equity of €6.7M and total debt of €3.0M, which brings its debt-to-equity ratio to 44.9%. Its total assets and total liabilities are €16.4M and €9.7M respectively. ABL Diagnostics Société anonyme's EBIT is €1.5M making its interest coverage ratio -80.5. It has cash and short-term investments of €1.5M.
Key information
44.9%
Debt to equity ratio
€3.01m
Debt
Interest coverage ratio | -80.5x |
Cash | €1.54m |
Equity | €6.71m |
Total liabilities | €9.66m |
Total assets | €16.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABLD's short term assets (€13.1M) exceed its short term liabilities (€7.7M).
Long Term Liabilities: ABLD's short term assets (€13.1M) exceed its long term liabilities (€2.0M).
Debt to Equity History and Analysis
Debt Level: ABLD's net debt to equity ratio (21.9%) is considered satisfactory.
Reducing Debt: ABLD's debt to equity ratio has increased from 0% to 44.9% over the past 5 years.
Debt Coverage: Insufficient data to determine if ABLD's debt is well covered by operating cash flow.
Interest Coverage: ABLD earns more interest than it pays, so coverage of interest payments is not a concern.