Artea Balance Sheet Health
Financial Health criteria checks 0/6
Artea has a total shareholder equity of €84.3M and total debt of €208.2M, which brings its debt-to-equity ratio to 246.8%. Its total assets and total liabilities are €416.3M and €332.0M respectively. Artea's EBIT is €2.2M making its interest coverage ratio 0.3. It has cash and short-term investments of €4.6M.
Key information
246.8%
Debt to equity ratio
€208.19m
Debt
Interest coverage ratio | 0.3x |
Cash | €4.59m |
Equity | €84.34m |
Total liabilities | €331.98m |
Total assets | €416.32m |
Recent financial health updates
Recent updates
Is Now The Time To Put Artea (EPA:ARTE) On Your Watchlist?
Sep 23Artea (EPA:ARTE) Is Growing Earnings But Are They A Good Guide?
Feb 16Estimating 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 (€105.4M) do not cover its short term liabilities (€141.2M).
Long Term Liabilities: ARTE's short term assets (€105.4M) do not cover its long term liabilities (€190.8M).
Debt to Equity History and Analysis
Debt Level: ARTE's net debt to equity ratio (241.4%) is considered high.
Reducing Debt: ARTE's debt to equity ratio has increased from 140.3% to 246.8% over the past 5 years.
Debt Coverage: ARTE's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: ARTE's interest payments on its debt are not well covered by EBIT (0.3x coverage).