Pierrel Balance Sheet Health
Financial Health criteria checks 3/6
Pierrel has a total shareholder equity of €25.8M and total debt of €28.2M, which brings its debt-to-equity ratio to 109.7%. Its total assets and total liabilities are €72.0M and €46.3M respectively. Pierrel's EBIT is €2.9M making its interest coverage ratio 4.4. It has cash and short-term investments of €4.8M.
Key information
109.7%
Debt to equity ratio
€28.25m
Debt
| Interest coverage ratio | 4.4x |
| Cash | €4.79m |
| Equity | €25.76m |
| Total liabilities | €46.25m |
| Total assets | €72.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0FP4's short term assets (€17.6M) do not cover its short term liabilities (€19.9M).
Long Term Liabilities: 0FP4's short term assets (€17.6M) do not cover its long term liabilities (€26.3M).
Debt to Equity History and Analysis
Debt Level: 0FP4's net debt to equity ratio (91.1%) is considered high.
Reducing Debt: 0FP4's debt to equity ratio has reduced from 509.9% to 109.7% over the past 5 years.
Debt Coverage: 0FP4's debt is well covered by operating cash flow (27%).
Interest Coverage: 0FP4's interest payments on its debt are well covered by EBIT (4.4x coverage).