Foodlink A.E Balance Sheet Health
Financial Health criteria checks 2/6
Foodlink A.E has a total shareholder equity of €1.2M and total debt of €10.9M, which brings its debt-to-equity ratio to 935.1%. Its total assets and total liabilities are €66.3M and €65.2M respectively. Foodlink A.E's EBIT is €2.1M making its interest coverage ratio 0.9. It has cash and short-term investments of €1.7M.
Key information
935.1%
Debt to equity ratio
€10.91m
Debt
| Interest coverage ratio | 0.9x |
| Cash | €1.73m |
| Equity | €1.17m |
| Total liabilities | €65.17m |
| Total assets | €66.34m |
Recent financial health updates
These 4 Measures Indicate That Foodlink A.E (ATH:FOODL) Is Using Debt Extensively
Nov 28
Foodlink A.E (ATH:FOODL) Takes On Some Risk With Its Use Of Debt
Nov 21Does Foodlink A.E (ATH:FOODL) Have A Healthy Balance Sheet?
May 11Foodlink A.E (ATH:FOODL) Takes On Some Risk With Its Use Of Debt
Nov 09We Think Foodlink A.E (ATH:FOODL) Is Taking Some Risk With Its Debt
May 09Recent updates
A Piece Of The Puzzle Missing From Foodlink A.E.'s (ATH:FOODL) 26% Share Price Climb
Nov 30These 4 Measures Indicate That Foodlink A.E (ATH:FOODL) Is Using Debt Extensively
Nov 28It's A Story Of Risk Vs Reward With Foodlink A.E. (ATH:FOODL)
Oct 04Further Upside For Foodlink A.E. (ATH:FOODL) Shares Could Introduce Price Risks After 31% Bounce
May 14Foodlink A.E. (ATH:FOODL) Soars 31% But It's A Story Of Risk Vs Reward
May 14Foodlink A.E (ATH:FOODL) Takes On Some Risk With Its Use Of Debt
Nov 21It's A Story Of Risk Vs Reward With Foodlink A.E. (ATH:FOODL)
Aug 20Does Foodlink A.E (ATH:FOODL) Have A Healthy Balance Sheet?
May 11Foodlink A.E (ATH:FOODL) Takes On Some Risk With Its Use Of Debt
Nov 09We Think Foodlink A.E (ATH:FOODL) Is Taking Some Risk With Its Debt
May 09Financial Position Analysis
Short Term Liabilities: FOODL's short term assets (€33.3M) do not cover its short term liabilities (€43.3M).
Long Term Liabilities: FOODL's short term assets (€33.3M) exceed its long term liabilities (€21.8M).
Debt to Equity History and Analysis
Debt Level: FOODL's net debt to equity ratio (786.8%) is considered high.
Reducing Debt: FOODL's debt to equity ratio has increased from 194.9% to 935.1% over the past 5 years.
Debt Coverage: FOODL's debt is well covered by operating cash flow (100.8%).
Interest Coverage: FOODL's interest payments on its debt are not well covered by EBIT (0.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 02:51 |
| End of Day Share Price | 2024/12/23 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
Foodlink A.E. 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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