Flexopack Société Anonyme Commercial and Industrial Plastics Balance Sheet Health
Financial Health criteria checks 5/6
Flexopack Société Anonyme Commercial and Industrial Plastics has a total shareholder equity of €125.8M and total debt of €37.2M, which brings its debt-to-equity ratio to 29.6%. Its total assets and total liabilities are €205.0M and €79.2M respectively. Flexopack Société Anonyme Commercial and Industrial Plastics's EBIT is €15.2M making its interest coverage ratio 11.4. It has cash and short-term investments of €34.8M.
Key information
29.6%
Debt to equity ratio
€37.17m
Debt
| Interest coverage ratio | 11.4x |
| Cash | €34.76m |
| Equity | €125.77m |
| Total liabilities | €79.20m |
| Total assets | €204.97m |
Recent financial health updates
Is Flexopack Société Anonyme Commercial and Industrial Plastics (ATH:FLEXO) A Risky Investment?
Sep 20
Flexopack Société Anonyme Commercial and Industrial Plastics (ATH:FLEXO) Has A Pretty Healthy Balance Sheet
May 13Recent updates
Here's Why We Think Flexopack Société Anonyme Commercial and Industrial Plastics (ATH:FLEXO) Might Deserve Your Attention Today
Mar 23There's Been No Shortage Of Growth Recently For Flexopack Société Anonyme Commercial and Industrial Plastics' (ATH:FLEXO) Returns On Capital
Dec 06We Think That There Are Some Issues For Flexopack Société Anonyme Commercial and Industrial Plastics (ATH:FLEXO) Beyond Its Promising Earnings
Sep 24Is Flexopack Société Anonyme Commercial and Industrial Plastics (ATH:FLEXO) A Risky Investment?
Sep 20Flexopack Société Anonyme Commercial and Industrial Plastics (ATH:FLEXO) Has A Pretty Healthy Balance Sheet
May 13Should You Be Adding Flexopack Société Anonyme Commercial and Industrial Plastics (ATH:FLEXO) To Your Watchlist Today?
Apr 20Declining Stock and Decent Financials: Is The Market Wrong About Flexopack Société Anonyme Commercial and Industrial Plastics Company (ATH:FLEXO)?
Mar 14What Type Of Shareholders Own The Most Number of Flexopack Société Anonyme Commercial and Industrial Plastics Company (ATH:FLEXO) Shares?
Feb 23Investors Who Bought Flexopack Société Anonyme Commercial and Industrial Plastics (ATH:FLEXO) Shares Five Years Ago Are Now Up 206%
Feb 01
Will the Promising Trends At Flexopack Société Anonyme Commercial and Industrial Plastics (ATH:FLEXO) Continue?
Jan 11Does Flexopack Société Anonyme Commercial and Industrial Plastics (ATH:FLEXO) Deserve A Spot On Your Watchlist?
Dec 18Do Its Financials Have Any Role To Play In Driving Flexopack Société Anonyme Commercial and Industrial Plastics Company's (ATH:FLEXO) Stock Up Recently?
Dec 04What Percentage Of Flexopack Société Anonyme Commercial and Industrial Plastics Company (ATH:FLEXO) Shares Do Insiders Own?
Nov 19Financial Position Analysis
Short Term Liabilities: FLEXO's short term assets (€117.1M) exceed its short term liabilities (€45.0M).
Long Term Liabilities: FLEXO's short term assets (€117.1M) exceed its long term liabilities (€34.2M).
Debt to Equity History and Analysis
Debt Level: FLEXO's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: FLEXO's debt to equity ratio has increased from 24.2% to 29.6% over the past 5 years.
Debt Coverage: FLEXO's debt is well covered by operating cash flow (51.4%).
Interest Coverage: FLEXO's interest payments on its debt are well covered by EBIT (11.4x coverage).