Sligro Food Group Balance Sheet Health
Financial Health criteria checks 3/6
Sligro Food Group has a total shareholder equity of €461.0M and total debt of €201.0M, which brings its debt-to-equity ratio to 43.6%. Its total assets and total liabilities are €1.5B and €1.0B respectively. Sligro Food Group's EBIT is €27.0M making its interest coverage ratio 1.7. It has cash and short-term investments of €32.0M.
Key information
43.6%
Debt to equity ratio
€201.00m
Debt
Interest coverage ratio | 1.7x |
Cash | €32.00m |
Equity | €461.00m |
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 (€590.0M) do not cover its short term liabilities (€712.0M).
Long Term Liabilities: SLIGRA's short term assets (€590.0M) exceed its long term liabilities (€309.0M).
Debt to Equity History and Analysis
Debt Level: SLIGRA's net debt to equity ratio (36.7%) is considered satisfactory.
Reducing Debt: SLIGRA's debt to equity ratio has increased from 38.4% to 43.6% over the past 5 years.
Debt Coverage: SLIGRA's debt is well covered by operating cash flow (70.6%).
Interest Coverage: SLIGRA's interest payments on its debt are not well covered by EBIT (1.7x coverage).