Riber Balance Sheet Health
Financial Health criteria checks 5/6
Riber has a total shareholder equity of €17.5M and total debt of €7.0M, which brings its debt-to-equity ratio to 39.7%. Its total assets and total liabilities are €45.8M and €28.3M respectively. Riber's EBIT is €3.9M making its interest coverage ratio 132.2. It has cash and short-term investments of €8.3M.
Key information
39.7%
Debt to equity ratio
€6.97m
Debt
Interest coverage ratio | 132.2x |
Cash | €8.31m |
Equity | €17.53m |
Total liabilities | €28.28m |
Total assets | €45.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0FT3's short term assets (€34.6M) exceed its short term liabilities (€23.0M).
Long Term Liabilities: 0FT3's short term assets (€34.6M) exceed its long term liabilities (€5.3M).
Debt to Equity History and Analysis
Debt Level: 0FT3 has more cash than its total debt.
Reducing Debt: 0FT3's debt to equity ratio has increased from 2.3% to 39.7% over the past 5 years.
Debt Coverage: 0FT3's debt is well covered by operating cash flow (68.4%).
Interest Coverage: 0FT3's interest payments on its debt are well covered by EBIT (132.2x coverage).