Selectirente Balance Sheet Health
Financial Health criteria checks 3/6
Selectirente has a total shareholder equity of €367.7M and total debt of €218.4M, which brings its debt-to-equity ratio to 59.4%. Its total assets and total liabilities are €607.9M and €240.2M respectively. Selectirente's EBIT is €24.6M making its interest coverage ratio 6.8. It has cash and short-term investments of €18.4M.
Key information
59.4%
Debt to equity ratio
€218.40m
Debt
| Interest coverage ratio | 6.8x |
| Cash | €18.43m |
| Equity | €367.71m |
| Total liabilities | €240.21m |
| Total assets | €607.92m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: SELERP's short term assets (€31.1M) exceed its short term liabilities (€18.2M).
Long Term Liabilities: SELERP's short term assets (€31.1M) do not cover its long term liabilities (€222.0M).
Debt to Equity History and Analysis
Debt Level: SELERP's net debt to equity ratio (54.4%) is considered high.
Reducing Debt: SELERP's debt to equity ratio has reduced from 142.9% to 59.4% over the past 5 years.
Debt Coverage: SELERP's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: SELERP's interest payments on its debt are well covered by EBIT (6.8x coverage).