Atland SAS Balance Sheet Health
Financial Health criteria checks 2/6
Atland SAS has a total shareholder equity of €143.1M and total debt of €190.0M, which brings its debt-to-equity ratio to 132.8%. Its total assets and total liabilities are €478.9M and €335.9M respectively. Atland SAS's EBIT is €13.6M making its interest coverage ratio 1.5. It has cash and short-term investments of €85.9M.
Key information
132.8%
Debt to equity ratio
€190.04m
Debt
| Interest coverage ratio | 1.5x |
| Cash | €85.91m |
| Equity | €143.06m |
| Total liabilities | €335.87m |
| Total assets | €478.94m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ATLD's short term assets (€347.6M) exceed its short term liabilities (€196.8M).
Long Term Liabilities: ATLD's short term assets (€347.6M) exceed its long term liabilities (€139.0M).
Debt to Equity History and Analysis
Debt Level: ATLD's net debt to equity ratio (72.8%) is considered high.
Reducing Debt: ATLD's debt to equity ratio has increased from 108.5% to 132.8% over the past 5 years.
Debt Coverage: ATLD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ATLD's interest payments on its debt are not well covered by EBIT (1.5x coverage).