EuroGroup Laminations Balance Sheet Health
Financial Health criteria checks 4/6
EuroGroup Laminations has a total shareholder equity of €459.5M and total debt of €316.7M, which brings its debt-to-equity ratio to 68.9%. Its total assets and total liabilities are €1.2B and €723.1M respectively. EuroGroup Laminations's EBIT is €75.7M making its interest coverage ratio 4. It has cash and short-term investments of €87.5M.
Key information
68.9%
Debt to equity ratio
€316.72m
Debt
| Interest coverage ratio | 4x |
| Cash | €87.51m |
| Equity | €459.49m |
| Total liabilities | €723.13m |
| Total assets | €1.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EGLAM's short term assets (€790.2M) exceed its short term liabilities (€489.9M).
Long Term Liabilities: EGLAM's short term assets (€790.2M) exceed its long term liabilities (€233.2M).
Debt to Equity History and Analysis
Debt Level: EGLAM's net debt to equity ratio (49.9%) is considered high.
Reducing Debt: Insufficient data to determine if EGLAM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: EGLAM's debt is well covered by operating cash flow (25.3%).
Interest Coverage: EGLAM's interest payments on its debt are well covered by EBIT (4x coverage).