What's Cooking Group/SA Balance Sheet Health
Financial Health criteria checks 3/6
What's Cooking Group/SA has a total shareholder equity of €125.8M and total debt of €75.0M, which brings its debt-to-equity ratio to 59.6%. Its total assets and total liabilities are €399.2M and €273.5M respectively. What's Cooking Group/SA's EBIT is €14.6M making its interest coverage ratio 3. It has cash and short-term investments of €20.3M.
Key information
59.6%
Debt to equity ratio
€75.00m
Debt
| Interest coverage ratio | 3x |
| Cash | €20.31m |
| Equity | €125.78m |
| Total liabilities | €273.45m |
| Total assets | €399.24m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: WHATSB's short term assets (€174.5M) do not cover its short term liabilities (€186.2M).
Long Term Liabilities: WHATSB's short term assets (€174.5M) exceed its long term liabilities (€87.2M).
Debt to Equity History and Analysis
Debt Level: WHATSB's net debt to equity ratio (43.5%) is considered high.
Reducing Debt: WHATSB's debt to equity ratio has reduced from 116.9% to 59.6% over the past 5 years.
Debt Coverage: WHATSB's debt is well covered by operating cash flow (58.4%).
Interest Coverage: WHATSB's interest payments on its debt are not well covered by EBIT (3x coverage).