Ramada Investimentos e Industria Balance Sheet Health
Financial Health criteria checks 6/6
Ramada Investimentos e Industria has a total shareholder equity of €129.5M and total debt of €65.7M, which brings its debt-to-equity ratio to 50.7%. Its total assets and total liabilities are €255.0M and €125.5M respectively. Ramada Investimentos e Industria's EBIT is €18.6M making its interest coverage ratio 34.8. It has cash and short-term investments of €54.6M.
Key information
50.7%
Debt to equity ratio
€65.67m
Debt
Interest coverage ratio | 34.8x |
Cash | €54.56m |
Equity | €129.53m |
Total liabilities | €125.52m |
Total assets | €255.05m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RAMU's short term assets (€135.3M) exceed its short term liabilities (€89.8M).
Long Term Liabilities: RAMU's short term assets (€135.3M) exceed its long term liabilities (€35.7M).
Debt to Equity History and Analysis
Debt Level: RAMU's net debt to equity ratio (8.6%) is considered satisfactory.
Reducing Debt: RAMU's debt to equity ratio has reduced from 115.1% to 50.7% over the past 5 years.
Debt Coverage: RAMU's debt is well covered by operating cash flow (33%).
Interest Coverage: RAMU's interest payments on its debt are well covered by EBIT (34.8x coverage).