Ascencio Balance Sheet Health
Financial Health criteria checks 2/6
Ascencio has a total shareholder equity of €437.0M and total debt of €322.8M, which brings its debt-to-equity ratio to 73.9%. Its total assets and total liabilities are €783.3M and €346.3M respectively. Ascencio's EBIT is €39.9M making its interest coverage ratio 7. It has cash and short-term investments of €5.2M.
Key information
73.9%
Debt to equity ratio
€322.85m
Debt
Interest coverage ratio | 7x |
Cash | €5.24m |
Equity | €437.01m |
Total liabilities | €346.30m |
Total assets | €783.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASCB's short term assets (€12.8M) do not cover its short term liabilities (€69.0M).
Long Term Liabilities: ASCB's short term assets (€12.8M) do not cover its long term liabilities (€277.3M).
Debt to Equity History and Analysis
Debt Level: ASCB's net debt to equity ratio (72.7%) is considered high.
Reducing Debt: ASCB's debt to equity ratio has reduced from 75.3% to 73.9% over the past 5 years.
Debt Coverage: ASCB's debt is not well covered by operating cash flow (12%).
Interest Coverage: ASCB's interest payments on its debt are well covered by EBIT (7x coverage).