Patrimoine et Commerce Balance Sheet Health
Financial Health criteria checks 2/6
Patrimoine et Commerce has a total shareholder equity of €450.7M and total debt of €387.8M, which brings its debt-to-equity ratio to 86.1%. Its total assets and total liabilities are €906.5M and €455.8M respectively. Patrimoine et Commerce's EBIT is €37.5M making its interest coverage ratio -27.1. It has cash and short-term investments of €27.9M.
Key information
86.1%
Debt to equity ratio
€387.84m
Debt
Interest coverage ratio | -27.1x |
Cash | €27.94m |
Equity | €450.71m |
Total liabilities | €455.84m |
Total assets | €906.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PAT's short term assets (€57.2M) do not cover its short term liabilities (€103.1M).
Long Term Liabilities: PAT's short term assets (€57.2M) do not cover its long term liabilities (€352.8M).
Debt to Equity History and Analysis
Debt Level: PAT's net debt to equity ratio (79.9%) is considered high.
Reducing Debt: PAT's debt to equity ratio has reduced from 86.1% to 86.1% over the past 5 years.
Debt Coverage: PAT's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: PAT earns more interest than it pays, so coverage of interest payments is not a concern.