HITECHPROS Société anonyme Balance Sheet Health
Financial Health criteria checks 5/6
HITECHPROS Société anonyme has a total shareholder equity of €5.7M and total debt of €163.8K, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are €14.4M and €8.7M respectively. HITECHPROS Société anonyme's EBIT is €3.0M making its interest coverage ratio -14.6. It has cash and short-term investments of €7.5M.
Key information
2.9%
Debt to equity ratio
€163.79k
Debt
| Interest coverage ratio | -14.6x |
| Cash | €7.52m |
| Equity | €5.74m |
| Total liabilities | €8.71m |
| Total assets | €14.45m |
Recent financial health updates
No updates
Recent updates
Read This Before Buying HITECHPROS Société anonyme (EPA:ALHIT) For Its Dividend
Mar 11
Is HITECHPROS Société anonyme's (EPA:ALHIT) Recent Stock Performance Influenced By Its Financials In Any Way?
Feb 13
Here's What You Should Know About HITECHPROS Société anonyme's (EPA:ALHIT) 7.5% Dividend Yield
Dec 11Financial Position Analysis
Short Term Liabilities: ALHIT's short term assets (€13.4M) exceed its short term liabilities (€8.5M).
Long Term Liabilities: ALHIT's short term assets (€13.4M) exceed its long term liabilities (€183.2K).
Debt to Equity History and Analysis
Debt Level: ALHIT has more cash than its total debt.
Reducing Debt: ALHIT's debt to equity ratio has reduced from 35.4% to 2.9% over the past 5 years.
Debt Coverage: Insufficient data to determine if ALHIT's debt is well covered by operating cash flow.
Interest Coverage: ALHIT earns more interest than it pays, so coverage of interest payments is not a concern.