Passat Société Anonyme Balance Sheet Health
Financial Health criteria checks 5/6
Passat Société Anonyme has a total shareholder equity of €39.0M and total debt of €4.6M, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are €57.5M and €18.5M respectively. Passat Société Anonyme's EBIT is €1.6M making its interest coverage ratio -17.1. It has cash and short-term investments of €18.9M.
Key information
11.7%
Debt to equity ratio
€4.58m
Debt
| Interest coverage ratio | -17.1x |
| Cash | €18.86m |
| Equity | €39.01m |
| Total liabilities | €18.46m |
| Total assets | €57.46m |
Recent financial health updates
No updates
Recent updates
Be Wary Of Passat Société Anonyme (EPA:PSAT) And Its Returns On Capital
Apr 13
With EPS Growth And More, Passat Société Anonyme (EPA:PSAT) Makes An Interesting Case
Feb 13The Returns On Capital At Passat Société Anonyme (EPA:PSAT) Don't Inspire Confidence
Oct 31Be Wary Of Passat Société Anonyme (EPA:PSAT) And Its Returns On Capital
Jul 11Investors Could Be Concerned With Passat Société Anonyme's (EPA:PSAT) Returns On Capital
Mar 09Return Trends At Passat Société Anonyme (EPA:PSAT) Aren't Appealing
Sep 09Does Passat Société Anonyme (EPA:PSAT) Deserve A Spot On Your Watchlist?
Mar 08Do Passat Société Anonyme's (EPA:PSAT) Earnings Warrant Your Attention?
Nov 04Returns On Capital At Passat Société Anonyme (EPA:PSAT) Have Hit The Brakes
Jul 27A Look At The Fair Value Of Passat Société Anonyme (EPA:PSAT)
Jun 14With EPS Growth And More, Passat Société Anonyme (EPA:PSAT) Is Interesting
May 08Should You Investigate Passat Société Anonyme (EPA:PSAT) At €8.10?
Mar 09Passat Société Anonyme's (EPA:PSAT) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?
Jan 20Our Take On The Returns On Capital At Passat Société Anonyme (EPA:PSAT)
Dec 25Does Passat Société Anonyme's (EPA:PSAT) Statutory Profit Adequately Reflect Its Underlying Profit?
Nov 20
Financial Position Analysis
Short Term Liabilities: PSAT's short term assets (€51.0M) exceed its short term liabilities (€13.4M).
Long Term Liabilities: PSAT's short term assets (€51.0M) exceed its long term liabilities (€5.0M).
Debt to Equity History and Analysis
Debt Level: PSAT has more cash than its total debt.
Reducing Debt: PSAT's debt to equity ratio has increased from 0.01% to 11.7% over the past 5 years.
Debt Coverage: PSAT's debt is well covered by operating cash flow (162.8%).
Interest Coverage: PSAT earns more interest than it pays, so coverage of interest payments is not a concern.