HITECHPROS Société anonyme Balance Sheet Health
Financial Health criteria checks 5/6
HITECHPROS Société anonyme has a total shareholder equity of €4.4M and total debt of €82.7K, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are €13.5M and €9.1M respectively. HITECHPROS Société anonyme's EBIT is €2.6M making its interest coverage ratio -11.1. It has cash and short-term investments of €7.1M.
Key information
1.9%
Debt to equity ratio
€82.73k
Debt
| Interest coverage ratio | -11.1x |
| Cash | €7.12m |
| Equity | €4.40m |
| Total liabilities | €9.13m |
| Total assets | €13.53m |
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 (€12.5M) exceed its short term liabilities (€8.8M).
Long Term Liabilities: ALHIT's short term assets (€12.5M) exceed its long term liabilities (€295.5K).
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 37.8% to 1.9% 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.