Egide Balance Sheet Health
Financial Health criteria checks 3/6
Egide has a total shareholder equity of €5.6M and total debt of €9.4M, which brings its debt-to-equity ratio to 169.2%. Its total assets and total liabilities are €28.1M and €22.6M respectively. Egide's EBIT is €1.7M making its interest coverage ratio 4.6. It has cash and short-term investments of €819.0K.
Key information
169.2%
Debt to equity ratio
€9.43m
Debt
| Interest coverage ratio | 4.6x |
| Cash | €819.00k |
| Equity | €5.57m |
| Total liabilities | €22.57m |
| Total assets | €28.14m |
Recent financial health updates
These 4 Measures Indicate That Egide (EPA:GID) Is Using Debt Extensively
May 12
These 4 Measures Indicate That Egide (EPA:GID) Is Using Debt Extensively
May 11Recent updates
Market Cool On Egide S.A.'s (EPA:ALGID) Revenues Pushing Shares 26% Lower
Feb 21Market Still Lacking Some Conviction On Egide S.A. (EPA:ALGID)
Dec 29Returns At Egide (EPA:ALGID) Are On The Way Up
Jul 02At €0.92, Is Egide S.A. (EPA:GID) Worth Looking At Closely?
Aug 25These 4 Measures Indicate That Egide (EPA:GID) Is Using Debt Extensively
May 12Is There Now An Opportunity In Egide S.A. (EPA:GID)?
Jan 20Egide's (EPA:GID) Robust Earnings Might Be Weaker Than You Think
Oct 09When Should You Buy Egide S.A. (EPA:GID)?
Jun 07These 4 Measures Indicate That Egide (EPA:GID) Is Using Debt Extensively
May 11Egide's (EPA:GID) Returns On Capital Are Heading Higher
Apr 07Financial Position Analysis
Short Term Liabilities: ALGID's short term assets (€18.5M) exceed its short term liabilities (€14.4M).
Long Term Liabilities: ALGID's short term assets (€18.5M) exceed its long term liabilities (€8.2M).
Debt to Equity History and Analysis
Debt Level: ALGID's net debt to equity ratio (154.5%) is considered high.
Reducing Debt: ALGID's debt to equity ratio has increased from 54.6% to 169.2% over the past 5 years.
Debt Coverage: ALGID's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ALGID's interest payments on its debt are well covered by EBIT (4.6x coverage).