Attica Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Attica Holdings has a total shareholder equity of €495.3M and total debt of €596.1M, which brings its debt-to-equity ratio to 120.4%. Its total assets and total liabilities are €1.4B and €855.9M respectively. Attica Holdings's EBIT is €31.6M making its interest coverage ratio 1.2. It has cash and short-term investments of €157.9M.
Key information
120.4%
Debt to equity ratio
€596.10m
Debt
Interest coverage ratio | 1.2x |
Cash | €157.89m |
Equity | €495.26m |
Total liabilities | €855.86m |
Total assets | €1.35b |
Recent financial health updates
Is Attica Holdings (ATH:ATTICA) Using Debt In A Risky Way?
Feb 04Is Attica Holdings (ATH:ATTICA) A Risky Investment?
Oct 20Health Check: How Prudently Does Attica Holdings (ATH:ATTICA) Use Debt?
Jan 18Attica Holdings (ATH:ATTICA) Has A Somewhat Strained Balance Sheet
Apr 04Recent updates
Attica Holdings' (ATH:ATTICA) Solid Profits Have Weak Fundamentals
Apr 18Is Attica Holdings (ATH:ATTICA) Using Debt In A Risky Way?
Feb 04Is Attica Holdings (ATH:ATTICA) A Risky Investment?
Oct 20Health Check: How Prudently Does Attica Holdings (ATH:ATTICA) Use Debt?
Jan 18Attica Holdings (ATH:ATTICA) Has A Somewhat Strained Balance Sheet
Apr 04Update: Attica Holdings (ATH:ATTICA) Stock Gained 84% In The Last Five Years
Dec 17Financial Position Analysis
Short Term Liabilities: ATTICA's short term assets (€417.2M) do not cover its short term liabilities (€444.6M).
Long Term Liabilities: ATTICA's short term assets (€417.2M) exceed its long term liabilities (€411.3M).
Debt to Equity History and Analysis
Debt Level: ATTICA's net debt to equity ratio (88.5%) is considered high.
Reducing Debt: ATTICA's debt to equity ratio has increased from 83.6% to 120.4% over the past 5 years.
Debt Coverage: ATTICA's debt is not well covered by operating cash flow (6%).
Interest Coverage: ATTICA's interest payments on its debt are not well covered by EBIT (1.2x coverage).