Ascencio Balance Sheet Health
Financial Health criteria checks 1/6
Ascencio has a total shareholder equity of €444.2M and total debt of €329.1M, which brings its debt-to-equity ratio to 74.1%. Its total assets and total liabilities are €794.1M and €349.9M respectively. Ascencio's EBIT is €41.7M making its interest coverage ratio 6.7. It has cash and short-term investments of €2.7M.
Key information
74.1%
Debt to equity ratio
€329.13m
Debt
| Interest coverage ratio | 6.7x |
| Cash | €2.73m |
| Equity | €444.20m |
| Total liabilities | €349.86m |
| Total assets | €794.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASCEB's short term assets (€13.7M) do not cover its short term liabilities (€91.8M).
Long Term Liabilities: ASCEB's short term assets (€13.7M) do not cover its long term liabilities (€258.1M).
Debt to Equity History and Analysis
Debt Level: ASCEB's net debt to equity ratio (73.5%) is considered high.
Reducing Debt: ASCEB's debt to equity ratio has increased from 71.3% to 74.1% over the past 5 years.
Debt Coverage: ASCEB's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: ASCEB's interest payments on its debt are well covered by EBIT (6.7x coverage).