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 ratio1.4x
Cash€20.94m
Equity€343.02m
Total liabilities€406.40m
Total assets€749.42m

Recent financial health updates

No updates

Recent updates

A Look At The Fair Value Of ARGO Properties N.V. (TLV:ARGO)

Sep 21
A Look At The Fair Value Of ARGO Properties N.V. (TLV:ARGO)

ARGO Properties' (TLV:ARGO) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Mar 26
ARGO Properties' (TLV:ARGO) Sluggish Earnings Might Be Just The Beginning Of Its Problems

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).


Balance Sheet


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