EuroGroup Laminations Balance Sheet Health
Financial Health criteria checks 4/6
EuroGroup Laminations has a total shareholder equity of €461.7M and total debt of €284.9M, which brings its debt-to-equity ratio to 61.7%. Its total assets and total liabilities are €1.1B and €668.7M respectively. EuroGroup Laminations's EBIT is €82.7M making its interest coverage ratio 6.5. It has cash and short-term investments of €168.5M.
Key information
61.7%
Debt to equity ratio
€284.88m
Debt
| Interest coverage ratio | 6.5x |
| Cash | €168.47m |
| Equity | €461.73m |
| Total liabilities | €668.75m |
| Total assets | €1.13b |
Financial Position Analysis
Short Term Liabilities: EGLA's short term assets (€777.9M) exceed its short term liabilities (€438.0M).
Long Term Liabilities: EGLA's short term assets (€777.9M) exceed its long term liabilities (€230.8M).
Debt to Equity History and Analysis
Debt Level: EGLA's net debt to equity ratio (25.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if EGLA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: EGLA's debt is not well covered by operating cash flow (2.9%).
Interest Coverage: EGLA's interest payments on its debt are well covered by EBIT (6.5x coverage).