Austriacard Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Austriacard Holdings has a total shareholder equity of €121.6M and total debt of €128.5M, which brings its debt-to-equity ratio to 105.7%. Its total assets and total liabilities are €342.5M and €220.9M respectively. Austriacard Holdings's EBIT is €32.0M making its interest coverage ratio 4.5. It has cash and short-term investments of €24.5M.
Key information
105.7%
Debt to equity ratio
€128.49m
Debt
| Interest coverage ratio | 4.5x |
| Cash | €24.48m |
| Equity | €121.59m |
| Total liabilities | €220.87m |
| Total assets | €342.46m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ACAG's short term assets (€179.4M) exceed its short term liabilities (€93.7M).
Long Term Liabilities: ACAG's short term assets (€179.4M) exceed its long term liabilities (€127.2M).
Debt to Equity History and Analysis
Debt Level: ACAG's net debt to equity ratio (85.5%) is considered high.
Reducing Debt: ACAG's debt to equity ratio has reduced from 116.9% to 105.7% over the past 5 years.
Debt Coverage: ACAG's debt is well covered by operating cash flow (22.7%).
Interest Coverage: ACAG's interest payments on its debt are well covered by EBIT (4.5x coverage).