Philippos Nakas Balance Sheet Health
Financial Health criteria checks 6/6
Philippos Nakas has a total shareholder equity of €18.2M and total debt of €3.3M, which brings its debt-to-equity ratio to 17.9%. Its total assets and total liabilities are €29.7M and €11.5M respectively. Philippos Nakas's EBIT is €2.2M making its interest coverage ratio 6.3. It has cash and short-term investments of €2.7M.
Key information
17.9%
Debt to equity ratio
€3.26m
Debt
| Interest coverage ratio | 6.3x |
| Cash | €2.70m |
| Equity | €18.20m |
| Total liabilities | €11.48m |
| Total assets | €29.67m |
Recent financial health updates
Recent updates
Additional Considerations Required While Assessing Philippos Nakas' (ATH:NAKAS) Strong Earnings
Apr 05
Philippos Nakas (ATH:NAKAS) Will Pay A Smaller Dividend Than Last Year
Dec 13Returns On Capital At Philippos Nakas (ATH:NAKAS) Have Hit The Brakes
Jun 08Philippos Nakas (ATH:NAKAS) Has More To Do To Multiply In Value Going Forward
Feb 08Philippos Nakas (ATH:NAKAS) Has More To Do To Multiply In Value Going Forward
Oct 13Philippos Nakas' (ATH:NAKAS) Solid Profits Have Weak Fundamentals
Apr 06If You Like EPS Growth Then Check Out Philippos Nakas (ATH:NAKAS) Before It's Too Late
Mar 06Philippos Nakas (ATH:NAKAS) Will Be Looking To Turn Around Its Returns
Dec 21We Think Philippos Nakas (ATH:NAKAS) Can Stay On Top Of Its Debt
Nov 11Philippos Nakas (ATH:NAKAS) Could Be At Risk Of Shrinking As A Company
Aug 30Philippos Nakas (ATH:NAKAS) Could Be Struggling To Allocate Capital
May 16Estimating The Fair Value Of Philippos Nakas S.A. (ATH:NAKAS)
Apr 01Are Dividend Investors Making A Mistake With Philippos Nakas S.A. (ATH:NAKAS)?
Feb 26Should We Be Excited About The Trends Of Returns At Philippos Nakas (ATH:NAKAS)?
Jan 15
We Wouldn't Be Too Quick To Buy Philippos Nakas S.A. (ATH:NAKAS) Before It Goes Ex-Dividend
Dec 09Financial Position Analysis
Short Term Liabilities: NAKAS's short term assets (€15.6M) exceed its short term liabilities (€5.9M).
Long Term Liabilities: NAKAS's short term assets (€15.6M) exceed its long term liabilities (€5.6M).
Debt to Equity History and Analysis
Debt Level: NAKAS's net debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: NAKAS's debt to equity ratio has reduced from 24.8% to 17.9% over the past 5 years.
Debt Coverage: NAKAS's debt is well covered by operating cash flow (69.1%).
Interest Coverage: NAKAS's interest payments on its debt are well covered by EBIT (6.3x coverage).