Logismos Information Systems Balance Sheet Health
Financial Health criteria checks 6/6
Logismos Information Systems has a total shareholder equity of €6.2M and total debt of €247.0K, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are €8.1M and €1.9M respectively. Logismos Information Systems's EBIT is €167.5K making its interest coverage ratio 6.2. It has cash and short-term investments of €70.5K.
Key information
4.0%
Debt to equity ratio
€247.02k
Debt
| Interest coverage ratio | 6.2x |
| Cash | €70.49k |
| Equity | €6.18m |
| Total liabilities | €1.90m |
| Total assets | €8.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LOGISMOS's short term assets (€1.2M) exceed its short term liabilities (€767.2K).
Long Term Liabilities: LOGISMOS's short term assets (€1.2M) exceed its long term liabilities (€1.1M).
Debt to Equity History and Analysis
Debt Level: LOGISMOS's net debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: LOGISMOS's debt to equity ratio has reduced from 11.2% to 4% over the past 5 years.
Debt Coverage: LOGISMOS's debt is well covered by operating cash flow (381.3%).
Interest Coverage: LOGISMOS's interest payments on its debt are well covered by EBIT (6.2x coverage).