ARGO Properties Balance Sheet Health
Financial Health criteria checks 1/6
ARGO Properties has a total shareholder equity of €403.6M and total debt of €375.3M, which brings its debt-to-equity ratio to 93%. Its total assets and total liabilities are €813.0M and €409.4M respectively. ARGO Properties's EBIT is €13.0M making its interest coverage ratio 1.4. It has cash and short-term investments of €67.3M.
Key information
93.0%
Debt to equity ratio
€375.34m
Debt
| Interest coverage ratio | 1.4x |
| Cash | €67.34m |
| Equity | €403.60m |
| Total liabilities | €409.36m |
| Total assets | €812.96m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ARGO's short term assets (€84.1M) exceed its short term liabilities (€27.7M).
Long Term Liabilities: ARGO's short term assets (€84.1M) do not cover its long term liabilities (€381.7M).
Debt to Equity History and Analysis
Debt Level: ARGO's net debt to equity ratio (76.3%) 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 (4.1%).
Interest Coverage: ARGO's interest payments on its debt are not well covered by EBIT (1.4x coverage).