EUROKAI GmbH KGaA Balance Sheet Health
Financial Health criteria checks 6/6
EUROKAI GmbH KGaA has a total shareholder equity of €580.0M and total debt of €13.9M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are €902.5M and €322.5M respectively. EUROKAI GmbH KGaA's EBIT is €45.3M making its interest coverage ratio 14. It has cash and short-term investments of €195.2M.
Key information
2.4%
Debt to equity ratio
€13.88m
Debt
Interest coverage ratio | 14x |
Cash | €195.18m |
Equity | €580.03m |
Total liabilities | €322.47m |
Total assets | €902.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0EDV's short term assets (€305.8M) exceed its short term liabilities (€79.4M).
Long Term Liabilities: 0EDV's short term assets (€305.8M) exceed its long term liabilities (€243.1M).
Debt to Equity History and Analysis
Debt Level: 0EDV has more cash than its total debt.
Reducing Debt: 0EDV's debt to equity ratio has reduced from 18.9% to 2.4% over the past 5 years.
Debt Coverage: 0EDV's debt is well covered by operating cash flow (489.1%).
Interest Coverage: 0EDV's interest payments on its debt are well covered by EBIT (14x coverage).