Sidetrade Balance Sheet Health
Financial Health criteria checks 5/6
Sidetrade has a total shareholder equity of €31.3M and total debt of €10.3M, which brings its debt-to-equity ratio to 32.8%. Its total assets and total liabilities are €65.0M and €33.7M respectively. Sidetrade's EBIT is €5.8M making its interest coverage ratio 73.8. It has cash and short-term investments of €23.8M.
Key information
32.8%
Debt to equity ratio
€10.26m
Debt
| Interest coverage ratio | 73.8x |
| Cash | €23.79m |
| Equity | €31.31m |
| Total liabilities | €33.68m |
| Total assets | €64.99m |
Recent financial health updates
Recent updates
Earnings Tell The Story For Sidetrade SA (EPA:ALBFR)
Jan 17
Analyst Estimates: Here's What Brokers Think Of Sidetrade SA (EPA:ALBFR) After Its Half-Yearly Report
Sep 17Is Sidetrade (EPA:ALBFR) A Risky Investment?
May 31Is There Now An Opportunity In Sidetrade SA (EPA:ALBFR)?
May 19Some Investors May Be Worried About Sidetrade's (EPA:ALBFR) Returns On Capital
Mar 26Why Sidetrade SA (EPA:ALBFR) Could Be Worth Watching
Feb 16Capital Allocation Trends At Sidetrade (EPA:ALBFR) Aren't Ideal
May 13What Does Sidetrade SA's (EPA:ALBFR) Share Price Indicate?
Mar 21Imagine Holding Sidetrade (EPA:ALBFR) Shares While The Price Zoomed 400% Higher
Feb 15
Is Sidetrade SA's (EPA:ALBFR) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Jan 25Our Take On The Returns On Capital At Sidetrade (EPA:ALBFR)
Jan 08Why Sidetrade SA (EPA:ALBFR) Could Be Worth Watching
Dec 21Is There More To The Story Than Sidetrade's (EPA:ALBFR) Earnings Growth?
Dec 04Financial Position Analysis
Short Term Liabilities: ALBFR's short term assets (€37.3M) exceed its short term liabilities (€9.6M).
Long Term Liabilities: ALBFR's short term assets (€37.3M) exceed its long term liabilities (€24.0M).
Debt to Equity History and Analysis
Debt Level: ALBFR has more cash than its total debt.
Reducing Debt: ALBFR's debt to equity ratio has increased from 2.4% to 32.8% over the past 5 years.
Debt Coverage: ALBFR's debt is well covered by operating cash flow (84.8%).
Interest Coverage: ALBFR's interest payments on its debt are well covered by EBIT (73.8x coverage).