Logic Instrument Balance Sheet Health
Financial Health criteria checks 5/6
Logic Instrument has a total shareholder equity of €5.9M and total debt of €4.3M, which brings its debt-to-equity ratio to 73.5%. Its total assets and total liabilities are €17.7M and €11.8M respectively. Logic Instrument's EBIT is €1.4M making its interest coverage ratio 8.9. It has cash and short-term investments of €5.0M.
Key information
73.5%
Debt to equity ratio
€4.35m
Debt
| Interest coverage ratio | 8.9x |
| Cash | €4.99m |
| Equity | €5.92m |
| Total liabilities | €11.76m |
| Total assets | €17.68m |
Recent financial health updates
No updates
Recent updates
We Like Logic Instrument's (EPA:ALLOG) Earnings For More Than Just Statutory Profit
Aug 15
Logic Instrument S.A.'s (EPA:ALLOG) Subdued P/S Might Signal An Opportunity
Jul 11Is There Now An Opportunity In Logic Instrument S.A. (EPA:ALLOG)?
Jun 04Investors Aren't Entirely Convinced By Logic Instrument S.A.'s (EPA:ALLOG) Revenues
Jan 04Financial Position Analysis
Short Term Liabilities: ALLOG's short term assets (€15.8M) exceed its short term liabilities (€11.8M).
Long Term Liabilities: ALLOG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ALLOG has more cash than its total debt.
Reducing Debt: ALLOG's debt to equity ratio has increased from 6.4% to 73.5% over the past 5 years.
Debt Coverage: ALLOG's debt is well covered by operating cash flow (39%).
Interest Coverage: ALLOG's interest payments on its debt are well covered by EBIT (8.9x coverage).