Ascopiave Balance Sheet Health
Financial Health criteria checks 1/6
Ascopiave has a total shareholder equity of €854.3M and total debt of €438.8M, which brings its debt-to-equity ratio to 51.4%. Its total assets and total liabilities are €1.5B and €607.7M respectively. Ascopiave's EBIT is €52.4M making its interest coverage ratio 10.3. It has cash and short-term investments of €54.2M.
Key information
51.4%
Debt to equity ratio
€438.76m
Debt
Interest coverage ratio | 10.3x |
Cash | €54.16m |
Equity | €854.28m |
Total liabilities | €607.70m |
Total assets | €1.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0DME's short term assets (€185.2M) do not cover its short term liabilities (€245.8M).
Long Term Liabilities: 0DME's short term assets (€185.2M) do not cover its long term liabilities (€361.9M).
Debt to Equity History and Analysis
Debt Level: 0DME's net debt to equity ratio (45%) is considered high.
Reducing Debt: 0DME's debt to equity ratio has increased from 41.6% to 51.4% over the past 5 years.
Debt Coverage: 0DME's debt is not well covered by operating cash flow (1.4%).
Interest Coverage: 0DME's interest payments on its debt are well covered by EBIT (10.3x coverage).