Artea Balance Sheet Health
Financial Health criteria checks 0/6
Artea has a total shareholder equity of €110.5M and total debt of €187.4M, which brings its debt-to-equity ratio to 169.6%. Its total assets and total liabilities are €439.7M and €329.1M respectively. Artea's EBIT is €477.0K making its interest coverage ratio 0.1. It has cash and short-term investments of €14.4M.
Key information
169.6%
Debt to equity ratio
€187.44m
Debt
| Interest coverage ratio | 0.08x |
| Cash | €14.45m |
| Equity | €110.54m |
| Total liabilities | €329.15m |
| Total assets | €439.69m |
Recent financial health updates
Recent updates
Is Now The Time To Put Artea (EPA:ARTE) On Your Watchlist?
Sep 23
Artea (EPA:ARTE) Is Growing Earnings But Are They A Good Guide?
Feb 16
Estimating The Fair Value Of Artea SA (EPA:ARTE)
Jan 10Does Artea (EPA:ARTE) Have A Healthy Balance Sheet?
Dec 14Investors Who Bought Artea (EPA:ARTE) Shares Three Years Ago Are Now Up 22%
Nov 23Financial Position Analysis
Short Term Liabilities: ARTE's short term assets (€117.9M) do not cover its short term liabilities (€149.1M).
Long Term Liabilities: ARTE's short term assets (€117.9M) do not cover its long term liabilities (€180.0M).
Debt to Equity History and Analysis
Debt Level: ARTE's net debt to equity ratio (156.5%) is considered high.
Reducing Debt: ARTE's debt to equity ratio has increased from 135.4% to 169.6% over the past 5 years.
Debt Coverage: ARTE's debt is not well covered by operating cash flow (7%).
Interest Coverage: ARTE's interest payments on its debt are not well covered by EBIT (0.1x coverage).