Eurofins-Cerep Balance Sheet Health
Financial Health criteria checks 4/6
Eurofins-Cerep has a total shareholder equity of €64.6M and total debt of €3.4K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are €79.2M and €14.6M respectively. Eurofins-Cerep's EBIT is €6.0M making its interest coverage ratio -4.5. It has cash and short-term investments of €8.6M.
Key information
0.005%
Debt to equity ratio
€3.44k
Debt
| Interest coverage ratio | -4.5x |
| Cash | €8.63m |
| Equity | €64.61m |
| Total liabilities | €14.63m |
| Total assets | €79.25m |
Financial Position Analysis
Short Term Liabilities: ALECR's short term assets (€66.3M) exceed its short term liabilities (€12.8M).
Long Term Liabilities: ALECR's short term assets (€66.3M) exceed its long term liabilities (€1.8M).
Debt to Equity History and Analysis
Debt Level: ALECR has more cash than its total debt.
Reducing Debt: ALECR's debt to equity ratio has increased from 0% to 0.01% over the past 5 years.
Debt Coverage: Insufficient data to determine if ALECR's debt is well covered by operating cash flow.
Interest Coverage: ALECR earns more interest than it pays, so coverage of interest payments is not a concern.