Logic Instrument Balance Sheet Health
Financial Health criteria checks 4/6
Logic Instrument has a total shareholder equity of €5.2M and total debt of €4.9M, which brings its debt-to-equity ratio to 95.2%. Its total assets and total liabilities are €15.8M and €10.6M respectively. Logic Instrument's EBIT is €687.5K making its interest coverage ratio 17. It has cash and short-term investments of €4.6M.
Key information
95.2%
Debt to equity ratio
€4.92m
Debt
| Interest coverage ratio | 17x |
| Cash | €4.63m |
| Equity | €5.17m |
| Total liabilities | €10.59m |
| Total assets | €15.76m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ALLOG's short term assets (€13.8M) exceed its short term liabilities (€10.6M).
Long Term Liabilities: ALLOG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ALLOG's net debt to equity ratio (5.7%) is considered satisfactory.
Reducing Debt: ALLOG's debt to equity ratio has increased from 6.6% to 95.2% over the past 5 years.
Debt Coverage: ALLOG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ALLOG's interest payments on its debt are well covered by EBIT (17x coverage).