Applus Services Balance Sheet Health
Financial Health criteria checks 3/6
Applus Services has a total shareholder equity of €589.2M and total debt of €840.8M, which brings its debt-to-equity ratio to 142.7%. Its total assets and total liabilities are €2.4B and €1.8B respectively. Applus Services's EBIT is €143.7M making its interest coverage ratio 3.7. It has cash and short-term investments of €157.7M.
Key information
142.7%
Debt to equity ratio
€840.78m
Debt
| Interest coverage ratio | 3.7x |
| Cash | €157.75m |
| Equity | €589.16m |
| Total liabilities | €1.82b |
| Total assets | €2.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APPSE's short term assets (€768.7M) do not cover its short term liabilities (€1.2B).
Long Term Liabilities: APPSE's short term assets (€768.7M) exceed its long term liabilities (€614.4M).
Debt to Equity History and Analysis
Debt Level: APPSE's net debt to equity ratio (115.9%) is considered high.
Reducing Debt: APPSE's debt to equity ratio has increased from 75% to 142.7% over the past 5 years.
Debt Coverage: APPSE's debt is well covered by operating cash flow (37.6%).
Interest Coverage: APPSE's interest payments on its debt are well covered by EBIT (3.7x coverage).