Acquazzurra Balance Sheet Health
Financial Health criteria checks 5/6
Acquazzurra has a total shareholder equity of €4.8M and total debt of €560.8K, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are €12.2M and €7.4M respectively. Acquazzurra's EBIT is €274.7K making its interest coverage ratio 5.2. It has cash and short-term investments of €470.0K.
Key information
11.7%
Debt to equity ratio
€560.81k
Debt
Interest coverage ratio | 5.2x |
Cash | €469.96k |
Equity | €4.79m |
Total liabilities | €7.44m |
Total assets | €12.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACQ's short term assets (€8.5M) exceed its short term liabilities (€6.3M).
Long Term Liabilities: ACQ's short term assets (€8.5M) exceed its long term liabilities (€1.2M).
Debt to Equity History and Analysis
Debt Level: ACQ's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ACQ's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ACQ's debt is well covered by operating cash flow (175.1%).
Interest Coverage: ACQ's interest payments on its debt are well covered by EBIT (5.2x coverage).