EuropaCorp Balance Sheet Health
Financial Health criteria checks 2/6
EuropaCorp has a total shareholder equity of €1.5M and total debt of €73.1M, which brings its debt-to-equity ratio to 4744.9%. Its total assets and total liabilities are €111.5M and €110.0M respectively. EuropaCorp's EBIT is €3.5M making its interest coverage ratio 1.1. It has cash and short-term investments of €41.6M.
Key information
4,744.9%
Debt to equity ratio
€73.07m
Debt
| Interest coverage ratio | 1.1x |
| Cash | €41.57m |
| Equity | €1.54m |
| Total liabilities | €109.98m |
| Total assets | €111.52m |
Recent financial health updates
Recent updates
Some Confidence Is Lacking In EuropaCorp's (EPA:ALECP) P/S
Aug 28
Subdued Growth No Barrier To EuropaCorp's (EPA:ALECP) Price
May 21These 4 Measures Indicate That EuropaCorp (EPA:ALECP) Is Using Debt Extensively
Jan 16Market Participants Recognise EuropaCorp's (EPA:ALECP) Revenues Pushing Shares 46% Higher
Sep 05EuropaCorp (EPA:ALECP) Is Looking To Continue Growing Its Returns On Capital
Sep 02Is Now The Time To Look At Buying EuropaCorp (EPA:ALECP)?
May 03The Return Trends At EuropaCorp (EPA:ALECP) Look Promising
Mar 02The Return Trends At EuropaCorp (EPA:ALECP) Look Promising
Nov 02At €0.58, Is EuropaCorp (EPA:ALECP) Worth Looking At Closely?
Jul 05The Return Trends At EuropaCorp (EPA:ALECP) Look Promising
May 12Financial Position Analysis
Short Term Liabilities: ALECP's short term assets (€66.6M) exceed its short term liabilities (€36.8M).
Long Term Liabilities: ALECP's short term assets (€66.6M) do not cover its long term liabilities (€73.2M).
Debt to Equity History and Analysis
Debt Level: ALECP's net debt to equity ratio (2045.4%) is considered high.
Reducing Debt: ALECP had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: Insufficient data to determine if ALECP's debt is well covered by operating cash flow.
Interest Coverage: ALECP's interest payments on its debt are not well covered by EBIT (1.1x coverage).