Micropole Balance Sheet Health
Financial Health criteria checks 5/6
Micropole has a total shareholder equity of €54.0M and total debt of €20.0M, which brings its debt-to-equity ratio to 37.1%. Its total assets and total liabilities are €130.3M and €76.3M respectively. Micropole's EBIT is €4.2M making its interest coverage ratio 3. It has cash and short-term investments of €16.2M.
Key information
37.1%
Debt to equity ratio
€20.02m
Debt
| Interest coverage ratio | 3x |
| Cash | €16.19m |
| Equity | €54.03m |
| Total liabilities | €76.29m |
| Total assets | €130.32m |
Recent financial health updates
Here's Why Micropole (EPA:ALMIC) Has A Meaningful Debt Burden
Jun 08
Does Micropole (EPA:ALMIC) Have A Healthy Balance Sheet?
Nov 12We Think Micropole (EPA:MUN) Can Stay On Top Of Its Debt
May 06Recent updates
Revenues Tell The Story For Micropole S.A. (EPA:ALMIC) As Its Stock Soars 31%
Mar 27Micropole's (EPA:ALMIC) Returns Have Hit A Wall
Feb 20Slowing Rates Of Return At Micropole (EPA:ALMIC) Leave Little Room For Excitement
Nov 01Here's Why Micropole (EPA:ALMIC) Has A Meaningful Debt Burden
Jun 08Does Micropole (EPA:ALMIC) Have A Healthy Balance Sheet?
Nov 12The Return Trends At Micropole (EPA:ALMIC) Look Promising
Sep 26Returns On Capital Are Showing Encouraging Signs At Micropole (EPA:MUN)
Mar 08We Like These Underlying Return On Capital Trends At Micropole (EPA:MUN)
Sep 28We Think Micropole (EPA:MUN) Can Stay On Top Of Its Debt
May 06Returns Are Gaining Momentum At Micropole (EPA:MUN)
Mar 22Here's Why Micropole's (EPA:MUN) Statutory Earnings Are Arguably Too Conservative
Jan 26What Do The Returns At Micropole (EPA:MUN) Mean Going Forward?
Dec 22What We Learned About Micropole's (EPA:MUN) CEO Compensation
Nov 24
Financial Position Analysis
Short Term Liabilities: ALMIC's short term assets (€56.8M) exceed its short term liabilities (€47.3M).
Long Term Liabilities: ALMIC's short term assets (€56.8M) exceed its long term liabilities (€29.0M).
Debt to Equity History and Analysis
Debt Level: ALMIC's net debt to equity ratio (7.1%) is considered satisfactory.
Reducing Debt: ALMIC's debt to equity ratio has reduced from 46% to 37.1% over the past 5 years.
Debt Coverage: ALMIC's debt is well covered by operating cash flow (56.8%).
Interest Coverage: ALMIC's interest payments on its debt are not well covered by EBIT (3x coverage).