Groupe Parot Balance Sheet Health
Financial Health criteria checks 5/6
Groupe Parot has a total shareholder equity of €36.1M and total debt of €53.5M, which brings its debt-to-equity ratio to 148.4%. Its total assets and total liabilities are €185.0M and €149.0M respectively. Groupe Parot's EBIT is €7.8M making its interest coverage ratio 2.3. It has cash and short-term investments of €12.9M.
Key information
148.4%
Debt to equity ratio
€53.53m
Debt
| Interest coverage ratio | 2.3x |
| Cash | €12.86m |
| Equity | €36.07m |
| Total liabilities | €148.96m |
| Total assets | €185.02m |
Recent financial health updates
These 4 Measures Indicate That Groupe Parot (EPA:ALPAR) Is Using Debt Extensively
Nov 23
Does Groupe Parot (EPA:ALPAR) Have A Healthy Balance Sheet?
May 20Recent updates
These 4 Measures Indicate That Groupe Parot (EPA:ALPAR) Is Using Debt Extensively
Nov 23The Return Trends At Groupe Parot (EPA:ALPAR) Look Promising
Oct 19Returns On Capital Are Showing Encouraging Signs At Groupe Parot (EPA:ALPAR)
Jul 19Groupe Parot (EPA:ALPAR) Shareholders Will Want The ROCE Trajectory To Continue
Apr 13There's Been No Shortage Of Growth Recently For Groupe Parot's (EPA:ALPAR) Returns On Capital
Sep 16Groupe Parot (EPA:ALPAR) Is Experiencing Growth In Returns On Capital
May 01We Like Groupe Parot's (EPA:ALPAR) Earnings For More Than Just Statutory Profit
Nov 03Does Groupe Parot (EPA:ALPAR) Have A Healthy Balance Sheet?
May 20Financial Position Analysis
Short Term Liabilities: ALPAR's short term assets (€130.8M) exceed its short term liabilities (€76.6M).
Long Term Liabilities: ALPAR's short term assets (€130.8M) exceed its long term liabilities (€72.3M).
Debt to Equity History and Analysis
Debt Level: ALPAR's net debt to equity ratio (112.8%) is considered high.
Reducing Debt: ALPAR's debt to equity ratio has reduced from 298.3% to 148.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ALPAR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ALPAR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 27.3% per year.