Espe Balance Sheet Health
Financial Health criteria checks 4/6
Espe has a total shareholder equity of €8.5M and total debt of €5.0M, which brings its debt-to-equity ratio to 58.5%. Its total assets and total liabilities are €59.7M and €51.2M respectively. Espe's EBIT is €4.2M making its interest coverage ratio 12.9. It has cash and short-term investments of €3.2M.
Key information
58.5%
Debt to equity ratio
€4.97m
Debt
Interest coverage ratio | 12.9x |
Cash | €3.20m |
Equity | €8.50m |
Total liabilities | €51.16m |
Total assets | €59.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ESPE's short term assets (€55.7M) exceed its short term liabilities (€48.7M).
Long Term Liabilities: ESPE's short term assets (€55.7M) exceed its long term liabilities (€2.5M).
Debt to Equity History and Analysis
Debt Level: ESPE's net debt to equity ratio (20.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ESPE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ESPE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ESPE's interest payments on its debt are well covered by EBIT (12.9x coverage).