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 €30.0M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are €2.1B and €534.4M respectively. Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco's EBIT is €73.2M making its interest coverage ratio -3.6. It has cash and short-term investments of €235.0M.
Key information
1.9%
Debt to equity ratio
€29.96m
Debt
| Interest coverage ratio | -3.6x |
| Cash | €235.03m |
| Equity | €1.57b |
| Total liabilities | €534.38m |
| Total assets | €2.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0O80's short term assets (€316.4M) do not cover its short term liabilities (€323.1M).
Long Term Liabilities: 0O80's short term assets (€316.4M) exceed its long term liabilities (€211.2M).
Debt to Equity History and Analysis
Debt Level: 0O80 has more cash than its total debt.
Reducing Debt: 0O80's debt to equity ratio has reduced from 39% to 1.9% over the past 5 years.
Debt Coverage: 0O80's debt is well covered by operating cash flow (538%).
Interest Coverage: 0O80 earns more interest than it pays, so coverage of interest payments is not a concern.