Austriacard Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Austriacard Holdings has a total shareholder equity of €107.2M and total debt of €104.2M, which brings its debt-to-equity ratio to 97.2%. Its total assets and total liabilities are €321.7M and €214.5M respectively. Austriacard Holdings's EBIT is €27.6M making its interest coverage ratio 4.7. It has cash and short-term investments of €23.8M.
Key information
97.2%
Debt to equity ratio
€104.16m
Debt
Interest coverage ratio | 4.7x |
Cash | €23.83m |
Equity | €107.15m |
Total liabilities | €214.53m |
Total assets | €321.69m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ACAG's short term assets (€164.9M) exceed its short term liabilities (€99.3M).
Long Term Liabilities: ACAG's short term assets (€164.9M) exceed its long term liabilities (€115.2M).
Debt to Equity History and Analysis
Debt Level: ACAG's net debt to equity ratio (75%) is considered high.
Reducing Debt: ACAG's debt to equity ratio has increased from 74.9% to 97.2% over the past 5 years.
Debt Coverage: ACAG's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: ACAG's interest payments on its debt are well covered by EBIT (4.7x coverage).