Société Centrale des Bois et des Scieries de la Manche Balance Sheet Health
Financial Health criteria checks 2/6
Société Centrale des Bois et des Scieries de la Manche has a total shareholder equity of €247.1M and total debt of €214.1M, which brings its debt-to-equity ratio to 86.7%. Its total assets and total liabilities are €471.8M and €224.8M respectively. Société Centrale des Bois et des Scieries de la Manche's EBIT is €15.5M making its interest coverage ratio 2.4. It has cash and short-term investments of €44.9M.
Key information
86.7%
Debt to equity ratio
€214.11m
Debt
| Interest coverage ratio | 2.4x |
| Cash | €44.87m |
| Equity | €247.06m |
| Total liabilities | €224.77m |
| Total assets | €471.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0IK0's short term assets (€47.5M) exceed its short term liabilities (€24.2M).
Long Term Liabilities: 0IK0's short term assets (€47.5M) do not cover its long term liabilities (€200.5M).
Debt to Equity History and Analysis
Debt Level: 0IK0's net debt to equity ratio (68.5%) is considered high.
Reducing Debt: 0IK0's debt to equity ratio has reduced from 117% to 86.7% over the past 5 years.
Debt Coverage: 0IK0's debt is not well covered by operating cash flow (8%).
Interest Coverage: 0IK0's interest payments on its debt are not well covered by EBIT (2.4x coverage).