EdiliziAcrobatica Balance Sheet Health
Financial Health criteria checks 3/6
EdiliziAcrobatica has a total shareholder equity of €29.7M and total debt of €44.6M, which brings its debt-to-equity ratio to 150.4%. Its total assets and total liabilities are €158.5M and €128.9M respectively. EdiliziAcrobatica's EBIT is €16.2M making its interest coverage ratio 6.1. It has cash and short-term investments of €14.7M.
Key information
150.4%
Debt to equity ratio
€44.61m
Debt
Interest coverage ratio | 6.1x |
Cash | €14.71m |
Equity | €29.67m |
Total liabilities | €128.85m |
Total assets | €158.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALEAC's short term assets (€114.2M) exceed its short term liabilities (€84.7M).
Long Term Liabilities: ALEAC's short term assets (€114.2M) exceed its long term liabilities (€44.2M).
Debt to Equity History and Analysis
Debt Level: ALEAC's net debt to equity ratio (100.8%) is considered high.
Reducing Debt: ALEAC's debt to equity ratio has increased from 102.8% to 150.4% over the past 5 years.
Debt Coverage: ALEAC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ALEAC's interest payments on its debt are well covered by EBIT (6.1x coverage).