Theradiag Balance Sheet Health
Financial Health criteria checks 4/6
Theradiag has a total shareholder equity of €9.3M and total debt of €1.6M, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are €14.5M and €5.2M respectively. Theradiag's EBIT is €686.1K making its interest coverage ratio 8.3. It has cash and short-term investments of €5.7M.
Key information
17.1%
Debt to equity ratio
€1.59m
Debt
| Interest coverage ratio | 8.3x |
| Cash | €5.67m |
| Equity | €9.30m |
| Total liabilities | €5.17m |
| Total assets | €14.47m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ALTER's short term assets (€10.6M) exceed its short term liabilities (€2.5M).
Long Term Liabilities: ALTER's short term assets (€10.6M) exceed its long term liabilities (€2.7M).
Debt to Equity History and Analysis
Debt Level: ALTER has more cash than its total debt.
Reducing Debt: ALTER's debt to equity ratio has increased from 0.9% to 17.1% over the past 5 years.
Debt Coverage: Insufficient data to determine if ALTER's debt is well covered by operating cash flow.
Interest Coverage: ALTER's interest payments on its debt are well covered by EBIT (8.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/12/21 11:44 |
| End of Day Share Price | 2023/12/21 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Theradiag SA is covered by 2 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Pierre Boucheny | Kepler Cheuvreux |
| Arnaud Guérin | Portzamparc BNP Paribas |