Promotica Balance Sheet Health
Financial Health criteria checks 2/6
Promotica has a total shareholder equity of €17.8M and total debt of €30.8M, which brings its debt-to-equity ratio to 172.7%. Its total assets and total liabilities are €74.7M and €56.9M respectively. Promotica's EBIT is €2.6M making its interest coverage ratio 2.6. It has cash and short-term investments of €3.8M.
Key information
172.7%
Debt to equity ratio
€30.77m
Debt
Interest coverage ratio | 2.6x |
Cash | €3.85m |
Equity | €17.82m |
Total liabilities | €56.89m |
Total assets | €74.71m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: PMT's short term assets (€62.1M) exceed its short term liabilities (€48.0M).
Long Term Liabilities: PMT's short term assets (€62.1M) exceed its long term liabilities (€8.9M).
Debt to Equity History and Analysis
Debt Level: PMT's net debt to equity ratio (151.1%) is considered high.
Reducing Debt: PMT's debt to equity ratio has increased from 143% to 172.7% over the past 5 years.
Debt Coverage: PMT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PMT's interest payments on its debt are not well covered by EBIT (2.6x coverage).