STEICO Balance Sheet Health
Financial Health criteria checks 2/6
STEICO has a total shareholder equity of €295.6M and total debt of €199.7M, which brings its debt-to-equity ratio to 67.6%. Its total assets and total liabilities are €594.4M and €298.9M respectively. STEICO's EBIT is €40.8M making its interest coverage ratio 11.6. It has cash and short-term investments of €22.7M.
Key information
67.6%
Debt to equity ratio
€199.67m
Debt
Interest coverage ratio | 11.6x |
Cash | €22.72m |
Equity | €295.56m |
Total liabilities | €298.87m |
Total assets | €594.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0W1V's short term assets (€163.6M) exceed its short term liabilities (€42.9M).
Long Term Liabilities: 0W1V's short term assets (€163.6M) do not cover its long term liabilities (€256.0M).
Debt to Equity History and Analysis
Debt Level: 0W1V's net debt to equity ratio (59.9%) is considered high.
Reducing Debt: 0W1V's debt to equity ratio has increased from 63.2% to 67.6% over the past 5 years.
Debt Coverage: 0W1V's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: 0W1V's interest payments on its debt are well covered by EBIT (11.6x coverage).