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 €121.4M and total debt of €39.1M, which brings its debt-to-equity ratio to 32.2%. Its total assets and total liabilities are €197.9M and €76.5M respectively. Flexopack Société Anonyme Commercial and Industrial Plastics's EBIT is €19.8M making its interest coverage ratio 15.7. It has cash and short-term investments of €40.0M.
Key information
32.2%
Debt to equity ratio
€39.14m
Debt
| Interest coverage ratio | 15.7x |
| Cash | €39.96m |
| Equity | €121.39m |
| Total liabilities | €76.55m |
| Total assets | €197.93m |
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 (€115.8M) exceed its short term liabilities (€39.2M).
Long Term Liabilities: FLEXO's short term assets (€115.8M) exceed its long term liabilities (€37.3M).
Debt to Equity History and Analysis
Debt Level: FLEXO has more cash than its total debt.
Reducing Debt: FLEXO's debt to equity ratio has increased from 27.3% to 32.2% over the past 5 years.
Debt Coverage: FLEXO's debt is well covered by operating cash flow (71.7%).
Interest Coverage: FLEXO's interest payments on its debt are well covered by EBIT (15.7x coverage).