Econocom Group Balance Sheet Health
Financial Health criteria checks 6/6
Econocom Group has a total shareholder equity of €465.7M and total debt of €424.3M, which brings its debt-to-equity ratio to 91.1%. Its total assets and total liabilities are €2.3B and €1.8B respectively. Econocom Group's EBIT is €101.6M making its interest coverage ratio 7.7. It has cash and short-term investments of €260.5M.
Key information
91.1%
Debt to equity ratio
€424.30m
Debt
| Interest coverage ratio | 7.7x |
| Cash | €260.50m |
| Equity | €465.70m |
| Total liabilities | €1.80b |
| Total assets | €2.27b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RPX's short term assets (€1.4B) exceed its short term liabilities (€1.3B).
Long Term Liabilities: 0RPX's short term assets (€1.4B) exceed its long term liabilities (€497.6M).
Debt to Equity History and Analysis
Debt Level: 0RPX's net debt to equity ratio (35.2%) is considered satisfactory.
Reducing Debt: 0RPX's debt to equity ratio has reduced from 199.9% to 91.1% over the past 5 years.
Debt Coverage: 0RPX's debt is well covered by operating cash flow (48.6%).
Interest Coverage: 0RPX's interest payments on its debt are well covered by EBIT (7.7x coverage).