Assystem Balance Sheet Health
Financial Health criteria checks 4/6
Assystem has a total shareholder equity of €407.8M and total debt of €107.8M, which brings its debt-to-equity ratio to 26.4%. Its total assets and total liabilities are €777.0M and €369.2M respectively. Assystem's EBIT is €29.4M making its interest coverage ratio 32.7. It has cash and short-term investments of €23.3M.
Key information
26.4%
Debt to equity ratio
€107.80m
Debt
Interest coverage ratio | 32.7x |
Cash | €23.30m |
Equity | €407.80m |
Total liabilities | €369.20m |
Total assets | €777.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASYP's short term assets (€263.3M) exceed its short term liabilities (€213.2M).
Long Term Liabilities: ASYP's short term assets (€263.3M) exceed its long term liabilities (€156.0M).
Debt to Equity History and Analysis
Debt Level: ASYP's net debt to equity ratio (20.7%) is considered satisfactory.
Reducing Debt: ASYP's debt to equity ratio has increased from 17.6% to 26.4% over the past 5 years.
Debt Coverage: ASYP's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: ASYP's interest payments on its debt are well covered by EBIT (32.7x coverage).