Seco Balance Sheet Health
Financial Health criteria checks 4/6
Seco has a total shareholder equity of €309.7M and total debt of €138.0M, which brings its debt-to-equity ratio to 44.6%. Its total assets and total liabilities are €542.5M and €232.8M respectively. Seco's EBIT is €25.5M making its interest coverage ratio 14.8. It has cash and short-term investments of €75.8M.
Key information
44.6%
Debt to equity ratio
€138.05m
Debt
| Interest coverage ratio | 14.8x |
| Cash | €75.83m |
| Equity | €309.70m |
| Total liabilities | €232.80m |
| Total assets | €542.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IOTM's short term assets (€228.1M) exceed its short term liabilities (€85.1M).
Long Term Liabilities: IOTM's short term assets (€228.1M) exceed its long term liabilities (€147.7M).
Debt to Equity History and Analysis
Debt Level: IOTM's net debt to equity ratio (20.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if IOTM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: IOTM's debt is not well covered by operating cash flow (15.9%).
Interest Coverage: IOTM's interest payments on its debt are well covered by EBIT (14.8x coverage).