Iervolino & Lady Bacardi Entertainment Balance Sheet Health
Financial Health criteria checks 3/6
Iervolino & Lady Bacardi Entertainment has a total shareholder equity of €93.6M and total debt of €57.2M, which brings its debt-to-equity ratio to 61.1%. Its total assets and total liabilities are €203.3M and €109.6M respectively. Iervolino & Lady Bacardi Entertainment's EBIT is €10.7M making its interest coverage ratio 2.9. It has cash and short-term investments of €6.6M.
Key information
61.1%
Debt to equity ratio
€57.23m
Debt
Interest coverage ratio | 2.9x |
Cash | €6.62m |
Equity | €93.62m |
Total liabilities | €109.65m |
Total assets | €203.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALIE's short term assets (€109.5M) exceed its short term liabilities (€74.8M).
Long Term Liabilities: ALIE's short term assets (€109.5M) exceed its long term liabilities (€34.9M).
Debt to Equity History and Analysis
Debt Level: ALIE's net debt to equity ratio (54.1%) is considered high.
Reducing Debt: ALIE's debt to equity ratio has increased from 55% to 61.1% over the past 5 years.
Debt Coverage: ALIE's debt is well covered by operating cash flow (183.8%).
Interest Coverage: ALIE's interest payments on its debt are not well covered by EBIT (2.9x coverage).