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 €75.9M and total debt of €53.3M, which brings its debt-to-equity ratio to 70.3%. Its total assets and total liabilities are €139.3M and €63.4M respectively. Société Marseillaise du Tunnel Prado Carénage's EBIT is €16.8M making its interest coverage ratio 20.7. It has cash and short-term investments of €41.7M.
Key information
70.3%
Debt to equity ratio
€53.30m
Debt
Interest coverage ratio | 20.7x |
Cash | €41.74m |
Equity | €75.87m |
Total liabilities | €63.39m |
Total assets | €139.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0G2C's short term assets (€46.8M) exceed its short term liabilities (€6.2M).
Long Term Liabilities: 0G2C's short term assets (€46.8M) do not cover its long term liabilities (€57.2M).
Debt to Equity History and Analysis
Debt Level: 0G2C's net debt to equity ratio (15.2%) is considered satisfactory.
Reducing Debt: 0G2C's debt to equity ratio has increased from 14.8% to 70.3% over the past 5 years.
Debt Coverage: 0G2C's debt is well covered by operating cash flow (41.5%).
Interest Coverage: 0G2C's interest payments on its debt are well covered by EBIT (20.7x coverage).