Bastide Le Confort Médical Balance Sheet Health
Financial Health criteria checks 2/6
Bastide Le Confort Médical has a total shareholder equity of €83.4M and total debt of €360.1M, which brings its debt-to-equity ratio to 431.9%. Its total assets and total liabilities are €659.4M and €576.0M respectively. Bastide Le Confort Médical's EBIT is €44.7M making its interest coverage ratio 2. It has cash and short-term investments of €35.8M.
Key information
431.9%
Debt to equity ratio
€360.14m
Debt
Interest coverage ratio | 2x |
Cash | €35.77m |
Equity | €83.38m |
Total liabilities | €575.98m |
Total assets | €659.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0IP1's short term assets (€208.9M) exceed its short term liabilities (€198.1M).
Long Term Liabilities: 0IP1's short term assets (€208.9M) do not cover its long term liabilities (€377.9M).
Debt to Equity History and Analysis
Debt Level: 0IP1's net debt to equity ratio (389%) is considered high.
Reducing Debt: 0IP1's debt to equity ratio has increased from 294.2% to 431.9% over the past 5 years.
Debt Coverage: 0IP1's debt is well covered by operating cash flow (24.4%).
Interest Coverage: 0IP1's interest payments on its debt are not well covered by EBIT (2x coverage).