Artmarket.com Balance Sheet Health
Financial Health criteria checks 5/6
Artmarket.com has a total shareholder equity of €31.0M and total debt of €871.0K, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are €41.6M and €10.5M respectively. Artmarket.com's EBIT is €557.0K making its interest coverage ratio -1.1. It has cash and short-term investments of €2.1M.
Key information
2.8%
Debt to equity ratio
€871.00k
Debt
Interest coverage ratio | -1.1x |
Cash | €2.14m |
Equity | €31.05m |
Total liabilities | €10.54m |
Total assets | €41.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0DM3's short term assets (€14.6M) exceed its short term liabilities (€5.2M).
Long Term Liabilities: 0DM3's short term assets (€14.6M) exceed its long term liabilities (€5.3M).
Debt to Equity History and Analysis
Debt Level: 0DM3 has more cash than its total debt.
Reducing Debt: 0DM3's debt to equity ratio has increased from 0.8% to 2.8% over the past 5 years.
Debt Coverage: 0DM3's debt is well covered by operating cash flow (96.1%).
Interest Coverage: 0DM3 earns more interest than it pays, so coverage of interest payments is not a concern.