ARGO Properties Balance Sheet Health
Financial Health criteria checks 1/6
ARGO Properties has a total shareholder equity of €343.0M and total debt of €376.0M, which brings its debt-to-equity ratio to 109.6%. Its total assets and total liabilities are €749.4M and €406.4M respectively. ARGO Properties's EBIT is €11.4M making its interest coverage ratio 1.4. It has cash and short-term investments of €20.9M.
Key information
109.6%
Debt to equity ratio
€375.99m
Debt
| Interest coverage ratio | 1.4x |
| Cash | €20.94m |
| Equity | €343.02m |
| Total liabilities | €406.40m |
| Total assets | €749.42m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ARGO's short term assets (€38.6M) exceed its short term liabilities (€26.1M).
Long Term Liabilities: ARGO's short term assets (€38.6M) do not cover its long term liabilities (€380.3M).
Debt to Equity History and Analysis
Debt Level: ARGO's net debt to equity ratio (103.5%) is considered high.
Reducing Debt: Insufficient data to determine if ARGO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ARGO's debt is not well covered by operating cash flow (3.7%).
Interest Coverage: ARGO's interest payments on its debt are not well covered by EBIT (1.4x coverage).