Attica Publications Balance Sheet Health
Financial Health criteria checks 3/6
Attica Publications has a total shareholder equity of €8.1M and total debt of €12.4M, which brings its debt-to-equity ratio to 152.4%. Its total assets and total liabilities are €29.5M and €21.4M respectively. Attica Publications's EBIT is €1.1M making its interest coverage ratio 1.2. It has cash and short-term investments of €3.2M.
Key information
152.4%
Debt to equity ratio
€12.35m
Debt
| Interest coverage ratio | 1.2x |
| Cash | €3.20m |
| Equity | €8.11m |
| Total liabilities | €21.38m |
| Total assets | €29.48m |
Recent financial health updates
Does Attica Publications (ATH:ATEK) Have A Healthy Balance Sheet?
Nov 09
These 4 Measures Indicate That Attica Publications (ATH:ATEK) Is Using Debt Extensively
Dec 08Here's Why Attica Publications (ATH:ATEK) Is Weighed Down By Its Debt Load
May 04Recent updates
Capital Allocation Trends At Attica Publications (ATH:ATEK) Aren't Ideal
Sep 09Attica Publications S.A.'s (ATH:ATEK) Share Price Could Signal Some Risk
Dec 18Does Attica Publications (ATH:ATEK) Have A Healthy Balance Sheet?
Nov 09Attica Publications (ATH:ATEK) Might Be Having Difficulty Using Its Capital Effectively
Aug 09There Are Reasons To Feel Uneasy About Attica Publications' (ATH:ATEK) Returns On Capital
Apr 20These 4 Measures Indicate That Attica Publications (ATH:ATEK) Is Using Debt Extensively
Dec 08We Think That There Are Issues Underlying Attica Publications' (ATH:ATEK) Earnings
Oct 08These Return Metrics Don't Make Attica Publications (ATH:ATEK) Look Too Strong
Nov 06Here's Why Attica Publications (ATH:ATEK) Is Weighed Down By Its Debt Load
May 04Has Attica Publications (ATH:ATEK) Got What It Takes To Become A Multi-Bagger?
Feb 26Financial Position Analysis
Short Term Liabilities: ATEK's short term assets (€14.8M) exceed its short term liabilities (€10.0M).
Long Term Liabilities: ATEK's short term assets (€14.8M) exceed its long term liabilities (€11.3M).
Debt to Equity History and Analysis
Debt Level: ATEK's net debt to equity ratio (112.8%) is considered high.
Reducing Debt: ATEK's debt to equity ratio has reduced from 348.7% to 152.4% over the past 5 years.
Debt Coverage: ATEK's debt is not well covered by operating cash flow (0.2%).
Interest Coverage: ATEK's interest payments on its debt are not well covered by EBIT (1.2x coverage).