Marie Brizard Wine & Spirits Balance Sheet Health
Financial Health criteria checks 6/6
Marie Brizard Wine & Spirits has a total shareholder equity of €203.3M and total debt of €6.8M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are €275.6M and €72.2M respectively. Marie Brizard Wine & Spirits's EBIT is €8.1M making its interest coverage ratio -15. It has cash and short-term investments of €45.1M.
Key information
3.3%
Debt to equity ratio
€6.81m
Debt
Interest coverage ratio | -15x |
Cash | €45.13m |
Equity | €203.35m |
Total liabilities | €72.21m |
Total assets | €275.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0DQP's short term assets (€149.8M) exceed its short term liabilities (€62.7M).
Long Term Liabilities: 0DQP's short term assets (€149.8M) exceed its long term liabilities (€9.5M).
Debt to Equity History and Analysis
Debt Level: 0DQP has more cash than its total debt.
Reducing Debt: 0DQP's debt to equity ratio has reduced from 72.7% to 3.3% over the past 5 years.
Debt Coverage: 0DQP's debt is well covered by operating cash flow (23.9%).
Interest Coverage: 0DQP earns more interest than it pays, so coverage of interest payments is not a concern.