House of Agriculture Spiroy Balance Sheet Health
Financial Health criteria checks 1/6
House of Agriculture Spiroy has a total shareholder equity of €2.2M and total debt of €14.6M, which brings its debt-to-equity ratio to 669.4%. Its total assets and total liabilities are €31.7M and €29.5M respectively. House of Agriculture Spiroy's EBIT is €311.3K making its interest coverage ratio -0.3. It has cash and short-term investments of €1.7M.
Key information
669.4%
Debt to equity ratio
€14.63m
Debt
| Interest coverage ratio | -0.3x |
| Cash | €1.72m |
| Equity | €2.19m |
| Total liabilities | €29.53m |
| Total assets | €31.71m |
Recent financial health updates
House of Agriculture Spiroy (ATH:SPIR) Use Of Debt Could Be Considered Risky
Nov 07
Is House of Agriculture Spiroy (ATH:SPIR) Using Too Much Debt?
May 26Recent updates
House of Agriculture Spiroy (ATH:SPIR) Has Some Difficulty Using Its Capital Effectively
Feb 17The House of Agriculture Spiroy S.A. (ATH:SPIR) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected
Feb 17Sentiment Still Eluding The House of Agriculture Spiroy S.A. (ATH:SPIR)
Nov 22House of Agriculture Spiroy (ATH:SPIR) Use Of Debt Could Be Considered Risky
Nov 07Is House of Agriculture Spiroy (ATH:SPIR) Using Too Much Debt?
May 26Financial Position Analysis
Short Term Liabilities: SPIR's short term assets (€14.5M) exceed its short term liabilities (€12.5M).
Long Term Liabilities: SPIR's short term assets (€14.5M) do not cover its long term liabilities (€17.0M).
Debt to Equity History and Analysis
Debt Level: SPIR's net debt to equity ratio (590.5%) is considered high.
Reducing Debt: SPIR's debt to equity ratio has increased from 303.1% to 669.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if SPIR has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SPIR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.