AdVini Balance Sheet Health
Financial Health criteria checks 3/6
AdVini has a total shareholder equity of €98.0M and total debt of €158.5M, which brings its debt-to-equity ratio to 161.7%. Its total assets and total liabilities are €396.7M and €298.7M respectively. AdVini's EBIT is €7.7M making its interest coverage ratio 2.2. It has cash and short-term investments of €16.1M.
Key information
161.7%
Debt to equity ratio
€158.49m
Debt
Interest coverage ratio | 2.2x |
Cash | €16.12m |
Equity | €98.01m |
Total liabilities | €298.72m |
Total assets | €396.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADVIP's short term assets (€191.5M) exceed its short term liabilities (€178.8M).
Long Term Liabilities: ADVIP's short term assets (€191.5M) exceed its long term liabilities (€119.9M).
Debt to Equity History and Analysis
Debt Level: ADVIP's net debt to equity ratio (145.3%) is considered high.
Reducing Debt: ADVIP's debt to equity ratio has reduced from 170.3% to 161.7% over the past 5 years.
Debt Coverage: ADVIP's debt is not well covered by operating cash flow (12.7%).
Interest Coverage: ADVIP's interest payments on its debt are not well covered by EBIT (2.2x coverage).