Sligro Food Group Balance Sheet Health
Financial Health criteria checks 3/6
Sligro Food Group has a total shareholder equity of €459.0M and total debt of €220.0M, which brings its debt-to-equity ratio to 47.9%. Its total assets and total liabilities are €1.5B and €1.0B respectively. Sligro Food Group's EBIT is €30.0M making its interest coverage ratio 1.7. It has cash and short-term investments of €23.0M.
Key information
47.9%
Debt to equity ratio
€220.00m
Debt
| Interest coverage ratio | 1.7x |
| Cash | €23.00m |
| Equity | €459.00m |
| Total liabilities | €1.02b |
| Total assets | €1.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SLIGRA's short term assets (€598.0M) do not cover its short term liabilities (€708.0M).
Long Term Liabilities: SLIGRA's short term assets (€598.0M) exceed its long term liabilities (€314.0M).
Debt to Equity History and Analysis
Debt Level: SLIGRA's net debt to equity ratio (42.9%) is considered high.
Reducing Debt: SLIGRA's debt to equity ratio has reduced from 61% to 47.9% over the past 5 years.
Debt Coverage: SLIGRA's debt is well covered by operating cash flow (36.4%).
Interest Coverage: SLIGRA's interest payments on its debt are not well covered by EBIT (1.7x coverage).