Autostrade Meridionali Balance Sheet Health
Financial Health criteria checks 5/6
Autostrade Meridionali has a total shareholder equity of €49.4M and total debt of €1.1M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are €59.6M and €10.2M respectively. Autostrade Meridionali's EBIT is €2.9M making its interest coverage ratio -5.4. It has cash and short-term investments of €29.2M.
Key information
2.3%
Debt to equity ratio
€1.13m
Debt
| Interest coverage ratio | -5.4x |
| Cash | €29.23m |
| Equity | €49.38m |
| Total liabilities | €10.17m |
| Total assets | €59.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0DNS's short term assets (€57.6M) exceed its short term liabilities (€5.4M).
Long Term Liabilities: 0DNS's short term assets (€57.6M) exceed its long term liabilities (€4.8M).
Debt to Equity History and Analysis
Debt Level: 0DNS has more cash than its total debt.
Reducing Debt: 0DNS's debt to equity ratio has reduced from 147.1% to 2.3% over the past 5 years.
Debt Coverage: 0DNS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 0DNS earns more interest than it pays, so coverage of interest payments is not a concern.