Eurofins-Cerep Balance Sheet Health
Financial Health criteria checks 4/6
Eurofins-Cerep has a total shareholder equity of €56.9M and total debt of €4.8K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are €71.0M and €14.1M respectively. Eurofins-Cerep's EBIT is €10.7M making its interest coverage ratio -102.6. It has cash and short-term investments of €12.8M.
Key information
0.009%
Debt to equity ratio
€4.83k
Debt
Interest coverage ratio | -102.6x |
Cash | €12.81m |
Equity | €56.93m |
Total liabilities | €14.12m |
Total assets | €71.05m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ALECR's short term assets (€58.5M) exceed its short term liabilities (€12.3M).
Long Term Liabilities: ALECR's short term assets (€58.5M) 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.