Space Hellas Balance Sheet Health
Financial Health criteria checks 3/6
Space Hellas has a total shareholder equity of €31.5M and total debt of €84.3M, which brings its debt-to-equity ratio to 267.3%. Its total assets and total liabilities are €185.8M and €154.3M respectively. Space Hellas's EBIT is €9.6M making its interest coverage ratio 2.3. It has cash and short-term investments of €19.9M.
Key information
267.3%
Debt to equity ratio
€84.25m
Debt
| Interest coverage ratio | 2.3x |
| Cash | €19.94m |
| Equity | €31.52m |
| Total liabilities | €154.27m |
| Total assets | €185.78m |
Recent financial health updates
Is Space Hellas (ATH:SPACE) A Risky Investment?
May 31
Is Space Hellas (ATH:SPACE) Using Too Much Debt?
Dec 07Recent updates
There May Be Reason For Hope In Space Hellas' (ATH:SPACE) Disappointing Earnings
Oct 07Is Space Hellas (ATH:SPACE) A Risky Investment?
May 31Space Hellas' (ATH:SPACE) Earnings Are Of Questionable Quality
Oct 06Is Now The Time To Put Space Hellas (ATH:SPACE) On Your Watchlist?
Sep 30Is It Worth Buying Space Hellas S.A. (ATH:SPACE) For Its 1.2% Dividend Yield?
Feb 03
Is Space Hellas (ATH:SPACE) Using Too Much Debt?
Dec 07Financial Position Analysis
Short Term Liabilities: SPACE's short term assets (€127.4M) exceed its short term liabilities (€100.4M).
Long Term Liabilities: SPACE's short term assets (€127.4M) exceed its long term liabilities (€53.8M).
Debt to Equity History and Analysis
Debt Level: SPACE's net debt to equity ratio (204%) is considered high.
Reducing Debt: SPACE's debt to equity ratio has increased from 159.1% to 267.3% over the past 5 years.
Debt Coverage: SPACE's debt is well covered by operating cash flow (33.9%).
Interest Coverage: SPACE's interest payments on its debt are not well covered by EBIT (2.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 21:13 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Space Hellas S.A. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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