Société Hôtelière et Immobilière de Nice Balance Sheet Health
Financial Health criteria checks 3/6
Société Hôtelière et Immobilière de Nice has a total shareholder equity of €14.0M and total debt of €2.9M, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are €17.7M and €3.8M respectively. Société Hôtelière et Immobilière de Nice's EBIT is €355.4K making its interest coverage ratio 14. It has cash and short-term investments of €806.1K.
Key information
20.4%
Debt to equity ratio
€2.86m
Debt
Interest coverage ratio | 14x |
Cash | €806.09k |
Equity | €13.99m |
Total liabilities | €3.76m |
Total assets | €17.75m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MLHIN's short term assets (€1.4M) exceed its short term liabilities (€824.8K).
Long Term Liabilities: MLHIN's short term assets (€1.4M) do not cover its long term liabilities (€2.9M).
Debt to Equity History and Analysis
Debt Level: MLHIN's net debt to equity ratio (14.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MLHIN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: Insufficient data to determine if MLHIN's debt is well covered by operating cash flow.
Interest Coverage: MLHIN's interest payments on its debt are well covered by EBIT (14x coverage).