Société Marseillaise du Tunnel Prado Carénage Balance Sheet Health
Financial Health criteria checks 4/6
Société Marseillaise du Tunnel Prado Carénage has a total shareholder equity of €68.4M and total debt of €58.7M, which brings its debt-to-equity ratio to 85.9%. Its total assets and total liabilities are €148.6M and €80.2M respectively. Société Marseillaise du Tunnel Prado Carénage's EBIT is €17.8M making its interest coverage ratio 32.7. It has cash and short-term investments of €50.4M.
Key information
85.9%
Debt to equity ratio
€58.74m
Debt
Interest coverage ratio | 32.7x |
Cash | €50.42m |
Equity | €68.38m |
Total liabilities | €80.19m |
Total assets | €148.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMTPCP's short term assets (€55.3M) exceed its short term liabilities (€17.6M).
Long Term Liabilities: SMTPCP's short term assets (€55.3M) do not cover its long term liabilities (€62.6M).
Debt to Equity History and Analysis
Debt Level: SMTPCP's net debt to equity ratio (12.2%) is considered satisfactory.
Reducing Debt: SMTPCP's debt to equity ratio has increased from 31.8% to 85.9% over the past 5 years.
Debt Coverage: SMTPCP's debt is well covered by operating cash flow (38.2%).
Interest Coverage: SMTPCP's interest payments on its debt are well covered by EBIT (32.7x coverage).