Stratec Balance Sheet Health
Financial Health criteria checks 3/6
Stratec has a total shareholder equity of €229.2M and total debt of €142.1M, which brings its debt-to-equity ratio to 62%. Its total assets and total liabilities are €448.1M and €218.9M respectively. Stratec's EBIT is €24.9M making its interest coverage ratio 5.4. It has cash and short-term investments of €19.1M.
Key information
62.0%
Debt to equity ratio
€142.07m
Debt
Interest coverage ratio | 5.4x |
Cash | €19.13m |
Equity | €229.22m |
Total liabilities | €218.86m |
Total assets | €448.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RAR's short term assets (€231.1M) exceed its short term liabilities (€99.4M).
Long Term Liabilities: 0RAR's short term assets (€231.1M) exceed its long term liabilities (€119.4M).
Debt to Equity History and Analysis
Debt Level: 0RAR's net debt to equity ratio (53.6%) is considered high.
Reducing Debt: 0RAR's debt to equity ratio has increased from 48.9% to 62% over the past 5 years.
Debt Coverage: 0RAR's debt is not well covered by operating cash flow (11.2%).
Interest Coverage: 0RAR's interest payments on its debt are well covered by EBIT (5.4x coverage).