Smartphoto Group Balance Sheet Health
Financial Health criteria checks 6/6
Smartphoto Group has a total shareholder equity of €44.9M and total debt of €2.1M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are €66.8M and €21.9M respectively. Smartphoto Group's EBIT is €9.7M making its interest coverage ratio -66.8. It has cash and short-term investments of €10.1M.
Key information
4.7%
Debt to equity ratio
€2.13m
Debt
| Interest coverage ratio | -66.8x |
| Cash | €10.11m |
| Equity | €44.94m |
| Total liabilities | €21.91m |
| Total assets | €66.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMARB's short term assets (€18.2M) exceed its short term liabilities (€14.7M).
Long Term Liabilities: SMARB's short term assets (€18.2M) exceed its long term liabilities (€7.2M).
Debt to Equity History and Analysis
Debt Level: SMARB has more cash than its total debt.
Reducing Debt: SMARB's debt to equity ratio has reduced from 5.6% to 4.7% over the past 5 years.
Debt Coverage: SMARB's debt is well covered by operating cash flow (598.4%).
Interest Coverage: SMARB earns more interest than it pays, so coverage of interest payments is not a concern.