Espe Balance Sheet Health
Financial Health criteria checks 4/6
Espe has a total shareholder equity of €11.7M and total debt of €9.6M, which brings its debt-to-equity ratio to 82.4%. Its total assets and total liabilities are €68.6M and €56.9M respectively. Espe's EBIT is €5.2M making its interest coverage ratio 10.4. It has cash and short-term investments of €1.9M.
Key information
82.4%
Debt to equity ratio
€9.61m
Debt
| Interest coverage ratio | 10.4x |
| Cash | €1.89m |
| Equity | €11.65m |
| Total liabilities | €56.90m |
| Total assets | €68.56m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ESPE's short term assets (€64.0M) exceed its short term liabilities (€49.9M).
Long Term Liabilities: ESPE's short term assets (€64.0M) exceed its long term liabilities (€7.0M).
Debt to Equity History and Analysis
Debt Level: ESPE's net debt to equity ratio (66.2%) is considered high.
Reducing Debt: Insufficient data to determine if ESPE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ESPE's debt is well covered by operating cash flow (40.1%).
Interest Coverage: ESPE's interest payments on its debt are well covered by EBIT (10.4x coverage).