Hybrid Software Group Balance Sheet Health
Financial Health criteria checks 5/6
Hybrid Software Group has a total shareholder equity of €111.9M and total debt of €10.4M, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are €137.5M and €25.5M respectively. Hybrid Software Group's EBIT is €1.7M making its interest coverage ratio 5.6. It has cash and short-term investments of €7.1M.
Key information
9.3%
Debt to equity ratio
€10.40m
Debt
Interest coverage ratio | 5.6x |
Cash | €7.08m |
Equity | €111.95m |
Total liabilities | €25.52m |
Total assets | €137.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HYSGB's short term assets (€23.0M) exceed its short term liabilities (€11.7M).
Long Term Liabilities: HYSGB's short term assets (€23.0M) exceed its long term liabilities (€13.8M).
Debt to Equity History and Analysis
Debt Level: HYSGB's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: HYSGB's debt to equity ratio has increased from 0% to 9.3% over the past 5 years.
Debt Coverage: HYSGB's debt is well covered by operating cash flow (67.5%).
Interest Coverage: HYSGB's interest payments on its debt are well covered by EBIT (5.6x coverage).