Atenor Balance Sheet Health
Financial Health criteria checks 2/6
Atenor has a total shareholder equity of €284.8M and total debt of €819.3M, which brings its debt-to-equity ratio to 287.6%. Its total assets and total liabilities are €1.2B and €910.1M respectively. Atenor's EBIT is €18.4M making its interest coverage ratio 1.5. It has cash and short-term investments of €22.6M.
Key information
287.6%
Debt to equity ratio
€819.29m
Debt
Interest coverage ratio | 1.5x |
Cash | €22.63m |
Equity | €284.83m |
Total liabilities | €910.10m |
Total assets | €1.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATEBB's short term assets (€975.6M) exceed its short term liabilities (€349.4M).
Long Term Liabilities: ATEBB's short term assets (€975.6M) exceed its long term liabilities (€560.7M).
Debt to Equity History and Analysis
Debt Level: ATEBB's net debt to equity ratio (279.7%) is considered high.
Reducing Debt: ATEBB's debt to equity ratio has increased from 264.8% to 287.6% over the past 5 years.
Debt Coverage: ATEBB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ATEBB's interest payments on its debt are not well covered by EBIT (1.5x coverage).