Herige Balance Sheet Health
Financial Health criteria checks 2/6
Herige has a total shareholder equity of €145.4M and total debt of €178.2M, which brings its debt-to-equity ratio to 122.5%. Its total assets and total liabilities are €490.2M and €344.8M respectively. Herige's EBIT is €7.9M making its interest coverage ratio 1.4. It has cash and short-term investments of €21.5M.
Key information
122.5%
Debt to equity ratio
€178.17m
Debt
Interest coverage ratio | 1.4x |
Cash | €21.53m |
Equity | €145.44m |
Total liabilities | €344.78m |
Total assets | €490.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0O34's short term assets (€274.2M) exceed its short term liabilities (€95.1M).
Long Term Liabilities: 0O34's short term assets (€274.2M) exceed its long term liabilities (€249.7M).
Debt to Equity History and Analysis
Debt Level: 0O34's net debt to equity ratio (107.7%) is considered high.
Reducing Debt: 0O34's debt to equity ratio has increased from 101.4% to 122.5% over the past 5 years.
Debt Coverage: 0O34's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: 0O34's interest payments on its debt are not well covered by EBIT (1.4x coverage).