ABO-Group Environment Balance Sheet Health
Financial Health criteria checks 5/6
ABO-Group Environment has a total shareholder equity of €26.4M and total debt of €31.1M, which brings its debt-to-equity ratio to 117.9%. Its total assets and total liabilities are €83.2M and €56.8M respectively. ABO-Group Environment's EBIT is €4.2M making its interest coverage ratio 3.7. It has cash and short-term investments of €8.1M.
Key information
117.9%
Debt to equity ratio
€31.13m
Debt
| Interest coverage ratio | 3.7x |
| Cash | €8.05m |
| Equity | €26.41m |
| Total liabilities | €56.83m |
| Total assets | €83.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QXA's short term assets (€43.5M) exceed its short term liabilities (€37.4M).
Long Term Liabilities: 0QXA's short term assets (€43.5M) exceed its long term liabilities (€19.5M).
Debt to Equity History and Analysis
Debt Level: 0QXA's net debt to equity ratio (87.4%) is considered high.
Reducing Debt: 0QXA's debt to equity ratio has reduced from 129.9% to 117.9% over the past 5 years.
Debt Coverage: 0QXA's debt is well covered by operating cash flow (28.4%).
Interest Coverage: 0QXA's interest payments on its debt are well covered by EBIT (3.7x coverage).