SergeFerrari Group Balance Sheet Health
Financial Health criteria checks 3/6
SergeFerrari Group has a total shareholder equity of €129.4M and total debt of €117.7M, which brings its debt-to-equity ratio to 91%. Its total assets and total liabilities are €359.4M and €229.9M respectively. SergeFerrari Group's EBIT is €19.9M making its interest coverage ratio 5. It has cash and short-term investments of €22.2M.
Key information
91.0%
Debt to equity ratio
€117.73m
Debt
Interest coverage ratio | 5x |
Cash | €22.22m |
Equity | €129.44m |
Total liabilities | €229.91m |
Total assets | €359.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SEFERP's short term assets (€219.5M) exceed its short term liabilities (€114.6M).
Long Term Liabilities: SEFERP's short term assets (€219.5M) exceed its long term liabilities (€115.3M).
Debt to Equity History and Analysis
Debt Level: SEFERP's net debt to equity ratio (73.8%) is considered high.
Reducing Debt: SEFERP's debt to equity ratio has increased from 30.3% to 91% over the past 5 years.
Debt Coverage: SEFERP's debt is not well covered by operating cash flow (16.2%).
Interest Coverage: SEFERP's interest payments on its debt are well covered by EBIT (5x coverage).