Micropole Balance Sheet Health
Financial Health criteria checks 5/6
Micropole has a total shareholder equity of €52.8M and total debt of €18.2M, which brings its debt-to-equity ratio to 34.4%. Its total assets and total liabilities are €133.6M and €80.8M respectively. Micropole's EBIT is €4.9M making its interest coverage ratio 8.1. It has cash and short-term investments of €10.7M.
Key information
34.4%
Debt to equity ratio
€18.17m
Debt
Interest coverage ratio | 8.1x |
Cash | €10.72m |
Equity | €52.75m |
Total liabilities | €80.83m |
Total assets | €133.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALMICP's short term assets (€61.2M) exceed its short term liabilities (€56.4M).
Long Term Liabilities: ALMICP's short term assets (€61.2M) exceed its long term liabilities (€24.5M).
Debt to Equity History and Analysis
Debt Level: ALMICP's net debt to equity ratio (14.1%) is considered satisfactory.
Reducing Debt: ALMICP's debt to equity ratio has reduced from 57.5% to 34.4% over the past 5 years.
Debt Coverage: ALMICP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ALMICP's interest payments on its debt are well covered by EBIT (8.1x coverage).