Autostrade Meridionali Balance Sheet Health
Financial Health criteria checks 5/6
Autostrade Meridionali has a total shareholder equity of €62.7M and total debt of €1.1M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are €88.0M and €25.3M respectively. Autostrade Meridionali's EBIT is €10.7M making its interest coverage ratio 12.4. It has cash and short-term investments of €22.0M.
Key information
1.7%
Debt to equity ratio
€1.07m
Debt
| Interest coverage ratio | 12.4x |
| Cash | €22.03m |
| Equity | €62.68m |
| Total liabilities | €25.32m |
| Total assets | €88.00m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: AUTMEM's short term assets (€86.1M) exceed its short term liabilities (€20.6M).
Long Term Liabilities: AUTMEM's short term assets (€86.1M) exceed its long term liabilities (€4.7M).
Debt to Equity History and Analysis
Debt Level: AUTMEM has more cash than its total debt.
Reducing Debt: AUTMEM's debt to equity ratio has reduced from 159.5% to 1.7% over the past 5 years.
Debt Coverage: AUTMEM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AUTMEM's interest payments on its debt are well covered by EBIT (12.4x coverage).