Iktinos Hellas Greek Marble Industry Technical and Touristic Balance Sheet Health
Financial Health criteria checks 2/6
Iktinos Hellas Greek Marble Industry Technical and Touristic has a total shareholder equity of €50.0M and total debt of €42.8M, which brings its debt-to-equity ratio to 85.6%. Its total assets and total liabilities are €121.6M and €71.6M respectively. Iktinos Hellas Greek Marble Industry Technical and Touristic's EBIT is €1.2M making its interest coverage ratio 1.1. It has cash and short-term investments of €796.2K.
Key information
85.6%
Debt to equity ratio
€42.78m
Debt
| Interest coverage ratio | 1.1x |
| Cash | €796.21k |
| Equity | €49.96m |
| Total liabilities | €71.64m |
| Total assets | €121.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0OMO's short term assets (€39.2M) exceed its short term liabilities (€39.1M).
Long Term Liabilities: 0OMO's short term assets (€39.2M) exceed its long term liabilities (€32.6M).
Debt to Equity History and Analysis
Debt Level: 0OMO's net debt to equity ratio (84.1%) is considered high.
Reducing Debt: 0OMO's debt to equity ratio has increased from 61.2% to 85.6% over the past 5 years.
Debt Coverage: 0OMO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 0OMO's interest payments on its debt are not well covered by EBIT (1.1x coverage).