Salcef Group Balance Sheet Health
Financial Health criteria checks 5/6
Salcef Group has a total shareholder equity of €464.1M and total debt of €233.9M, which brings its debt-to-equity ratio to 50.4%. Its total assets and total liabilities are €1.1B and €675.5M respectively. Salcef Group's EBIT is €99.0M making its interest coverage ratio 6.8. It has cash and short-term investments of €244.9M.
Key information
50.4%
Debt to equity ratio
€233.92m
Debt
| Interest coverage ratio | 6.8x |
| Cash | €244.88m |
| Equity | €464.08m |
| Total liabilities | €675.53m |
| Total assets | €1.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCFM's short term assets (€703.3M) exceed its short term liabilities (€499.8M).
Long Term Liabilities: SCFM's short term assets (€703.3M) exceed its long term liabilities (€175.7M).
Debt to Equity History and Analysis
Debt Level: SCFM has more cash than its total debt.
Reducing Debt: SCFM's debt to equity ratio has increased from 31.7% to 50.4% over the past 5 years.
Debt Coverage: SCFM's debt is well covered by operating cash flow (34.7%).
Interest Coverage: SCFM's interest payments on its debt are well covered by EBIT (6.8x coverage).