Mare Nostrum Balance Sheet Health
Financial Health criteria checks 1/6
Mare Nostrum has a total shareholder equity of €8.0M and total debt of €32.4M, which brings its debt-to-equity ratio to 403.9%. Its total assets and total liabilities are €100.2M and €92.2M respectively.
Key information
403.9%
Debt to equity ratio
€32.41m
Debt
| Interest coverage ratio | n/a |
| Cash | €17.65m |
| Equity | €8.02m |
| Total liabilities | €92.22m |
| Total assets | €100.25m |
Recent financial health updates
Is Mare Nostrum (EPA:ALMAR) Using Too Much Debt?
Oct 17
Here's Why Mare Nostrum Société anonyme (EPA:ALMAR) Has A Meaningful Debt Burden
Jun 18Does Mare Nostrum Société anonyme (EPA:ALMAR) Have A Healthy Balance Sheet?
Jun 02Recent updates
Is Mare Nostrum (EPA:ALMAR) Using Too Much Debt?
Oct 17Mare Nostrum Société anonyme (EPA:ALMAR) Is Reinvesting At Lower Rates Of Return
Mar 16Here's What's Concerning About Mare Nostrum Société anonyme's (EPA:ALMAR) Returns On Capital
Nov 30Here's Why Mare Nostrum Société anonyme (EPA:ALMAR) Has A Meaningful Debt Burden
Jun 18Does Mare Nostrum Société anonyme (EPA:ALMAR) Have A Healthy Balance Sheet?
Jun 02Taking A Look At Mare Nostrum Société anonyme's (EPA:ALMAR) ROE
Nov 17Financial Position Analysis
Short Term Liabilities: ALMAR's short term assets (€76.5M) do not cover its short term liabilities (€78.0M).
Long Term Liabilities: ALMAR's short term assets (€76.5M) exceed its long term liabilities (€14.2M).
Debt to Equity History and Analysis
Debt Level: ALMAR's net debt to equity ratio (184%) is considered high.
Reducing Debt: ALMAR's debt to equity ratio has increased from 72.5% to 403.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if ALMAR has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ALMAR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.