Amplifon Balance Sheet Health
Financial Health criteria checks 3/6
Amplifon has a total shareholder equity of €1.1B and total debt of €1.1B, which brings its debt-to-equity ratio to 94.4%. Its total assets and total liabilities are €3.9B and €2.7B respectively. Amplifon's EBIT is €279.7M making its interest coverage ratio 6. It has cash and short-term investments of €213.7M.
Key information
94.4%
Debt to equity ratio
€1.07b
Debt
Interest coverage ratio | 6x |
Cash | €213.72m |
Equity | €1.14b |
Total liabilities | €2.71b |
Total assets | €3.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMPM's short term assets (€672.8M) do not cover its short term liabilities (€1.3B).
Long Term Liabilities: AMPM's short term assets (€672.8M) do not cover its long term liabilities (€1.5B).
Debt to Equity History and Analysis
Debt Level: AMPM's net debt to equity ratio (75.6%) is considered high.
Reducing Debt: AMPM's debt to equity ratio has reduced from 146.6% to 94.4% over the past 5 years.
Debt Coverage: AMPM's debt is well covered by operating cash flow (38.3%).
Interest Coverage: AMPM's interest payments on its debt are well covered by EBIT (6x coverage).