BOA Concept SAS Balance Sheet Health
Financial Health criteria checks 6/6
BOA Concept SAS has a total shareholder equity of €16.5M and total debt of €2.6M, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are €22.2M and €5.8M respectively. BOA Concept SAS's EBIT is €1.4M making its interest coverage ratio -8. It has cash and short-term investments of €11.4M.
Key information
15.8%
Debt to equity ratio
€2.60m
Debt
Interest coverage ratio | -8x |
Cash | €11.39m |
Equity | €16.45m |
Total liabilities | €5.79m |
Total assets | €22.24m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ALBOA's short term assets (€19.1M) exceed its short term liabilities (€3.9M).
Long Term Liabilities: ALBOA's short term assets (€19.1M) exceed its long term liabilities (€1.8M).
Debt to Equity History and Analysis
Debt Level: ALBOA has more cash than its total debt.
Reducing Debt: ALBOA's debt to equity ratio has reduced from 381.8% to 15.8% over the past 5 years.
Debt Coverage: ALBOA's debt is well covered by operating cash flow (29.1%).
Interest Coverage: ALBOA earns more interest than it pays, so coverage of interest payments is not a concern.