SG Balance Sheet Health
Financial Health criteria checks 2/6
SG has a total shareholder equity of €2.8M and total debt of €6.1M, which brings its debt-to-equity ratio to 216.4%. Its total assets and total liabilities are €17.6M and €14.8M respectively. SG's EBIT is €8.5K making its interest coverage ratio 0.1. It has cash and short-term investments of €802.8K.
Key information
216.4%
Debt to equity ratio
€6.07m
Debt
Interest coverage ratio | 0.06x |
Cash | €802.84k |
Equity | €2.80m |
Total liabilities | €14.76m |
Total assets | €17.57m |
Financial Position Analysis
Short Term Liabilities: SGC's short term assets (€9.2M) exceed its short term liabilities (€7.2M).
Long Term Liabilities: SGC's short term assets (€9.2M) exceed its long term liabilities (€7.6M).
Debt to Equity History and Analysis
Debt Level: SGC's net debt to equity ratio (187.8%) is considered high.
Reducing Debt: SGC's debt to equity ratio has increased from 188.3% to 216.4% over the past 5 years.
Debt Coverage: SGC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SGC's interest payments on its debt are not well covered by EBIT (0.1x coverage).