Aquafil Balance Sheet Health
Financial Health criteria checks 3/6
Aquafil has a total shareholder equity of €174.1M and total debt of €375.3M, which brings its debt-to-equity ratio to 215.5%. Its total assets and total liabilities are €716.3M and €542.2M respectively. Aquafil's EBIT is €37.4M making its interest coverage ratio 4. It has cash and short-term investments of €122.8M.
Key information
215.5%
Debt to equity ratio
€375.28m
Debt
| Interest coverage ratio | 4x |
| Cash | €122.82m |
| Equity | €174.13m |
| Total liabilities | €542.18m |
| Total assets | €716.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECNLM's short term assets (€424.2M) exceed its short term liabilities (€231.9M).
Long Term Liabilities: ECNLM's short term assets (€424.2M) exceed its long term liabilities (€310.2M).
Debt to Equity History and Analysis
Debt Level: ECNLM's net debt to equity ratio (145%) is considered high.
Reducing Debt: ECNLM's debt to equity ratio has increased from 161.5% to 215.5% over the past 5 years.
Debt Coverage: ECNLM's debt is not well covered by operating cash flow (1.5%).
Interest Coverage: ECNLM's interest payments on its debt are well covered by EBIT (4x coverage).