LUDWIG BECK am Rathauseck - Textilhaus Feldmeier Balance Sheet Health
Financial Health criteria checks 1/6
LUDWIG BECK am Rathauseck - Textilhaus Feldmeier has a total shareholder equity of €63.7M and total debt of €63.2M, which brings its debt-to-equity ratio to 99.2%. Its total assets and total liabilities are €169.6M and €105.9M respectively. LUDWIG BECK am Rathauseck - Textilhaus Feldmeier's EBIT is €3.2M making its interest coverage ratio 1.1. It has cash and short-term investments of €400.0K.
Key information
99.2%
Debt to equity ratio
€63.20m
Debt
| Interest coverage ratio | 1.1x |
| Cash | €400.00k |
| Equity | €63.70m |
| Total liabilities | €105.90m |
| Total assets | €169.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0N99's short term assets (€18.3M) do not cover its short term liabilities (€42.7M).
Long Term Liabilities: 0N99's short term assets (€18.3M) do not cover its long term liabilities (€63.2M).
Debt to Equity History and Analysis
Debt Level: 0N99's net debt to equity ratio (98.6%) is considered high.
Reducing Debt: 0N99's debt to equity ratio has reduced from 164.4% to 99.2% over the past 5 years.
Debt Coverage: 0N99's debt is not well covered by operating cash flow (13.1%).
Interest Coverage: 0N99's interest payments on its debt are not well covered by EBIT (1.1x coverage).