Logismos Information Systems Balance Sheet Health
Financial Health criteria checks 5/6
Logismos Information Systems has a total shareholder equity of €6.1M and total debt of €550.7K, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are €8.1M and €2.0M respectively. Logismos Information Systems's EBIT is €165.2K making its interest coverage ratio 4.8. It has cash and short-term investments of €108.1K.
Key information
9.0%
Debt to equity ratio
€550.68k
Debt
Interest coverage ratio | 4.8x |
Cash | €108.08k |
Equity | €6.09m |
Total liabilities | €2.04m |
Total assets | €8.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LOGISMOS's short term assets (€1.3M) exceed its short term liabilities (€902.9K).
Long Term Liabilities: LOGISMOS's short term assets (€1.3M) exceed its long term liabilities (€1.1M).
Debt to Equity History and Analysis
Debt Level: LOGISMOS's net debt to equity ratio (7.3%) is considered satisfactory.
Reducing Debt: LOGISMOS's debt to equity ratio has increased from 3.3% to 9% over the past 5 years.
Debt Coverage: LOGISMOS's debt is well covered by operating cash flow (139.5%).
Interest Coverage: LOGISMOS's interest payments on its debt are well covered by EBIT (4.8x coverage).