Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco Balance Sheet Health
Financial Health criteria checks 5/6
Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco has a total shareholder equity of €1.6B and total debt of €123.6M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are €2.2B and €593.7M respectively. Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco's EBIT is €78.6M making its interest coverage ratio 16.2. It has cash and short-term investments of €569.4M.
Key information
7.8%
Debt to equity ratio
€123.60m
Debt
| Interest coverage ratio | 16.2x |
| Cash | €569.41m |
| Equity | €1.58b |
| Total liabilities | €593.72m |
| Total assets | €2.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BAINP's short term assets (€646.9M) exceed its short term liabilities (€372.1M).
Long Term Liabilities: BAINP's short term assets (€646.9M) exceed its long term liabilities (€221.6M).
Debt to Equity History and Analysis
Debt Level: BAINP has more cash than its total debt.
Reducing Debt: BAINP's debt to equity ratio has increased from 6.9% to 7.8% over the past 5 years.
Debt Coverage: BAINP's debt is well covered by operating cash flow (124.5%).
Interest Coverage: BAINP's interest payments on its debt are well covered by EBIT (16.2x coverage).