Plásticos Compuestos Balance Sheet Health
Financial Health criteria checks 4/6
Plásticos Compuestos has a total shareholder equity of €13.4M and total debt of €13.6M, which brings its debt-to-equity ratio to 101.6%. Its total assets and total liabilities are €34.5M and €21.2M respectively. Plásticos Compuestos's EBIT is €1.4M making its interest coverage ratio 0.9. It has cash and short-term investments of €1.7M.
Key information
101.6%
Debt to equity ratio
€13.57m
Debt
Interest coverage ratio | 0.9x |
Cash | €1.73m |
Equity | €13.35m |
Total liabilities | €21.18m |
Total assets | €34.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALKOM's short term assets (€11.1M) do not cover its short term liabilities (€11.2M).
Long Term Liabilities: ALKOM's short term assets (€11.1M) exceed its long term liabilities (€9.9M).
Debt to Equity History and Analysis
Debt Level: ALKOM's net debt to equity ratio (88.6%) is considered high.
Reducing Debt: ALKOM's debt to equity ratio has reduced from 121.1% to 101.6% 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: Whilst unprofitable ALKOM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ALKOM is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 37.4% per year.