Pasquarelli Auto Balance Sheet Health
Financial Health criteria checks 3/6
Pasquarelli Auto has a total shareholder equity of €32.0M and total debt of €41.4M, which brings its debt-to-equity ratio to 129.4%. Its total assets and total liabilities are €152.5M and €120.5M respectively. Pasquarelli Auto's EBIT is €6.7M making its interest coverage ratio 3.5. It has cash and short-term investments of €3.1M.
Key information
129.4%
Debt to equity ratio
€41.44m
Debt
| Interest coverage ratio | 3.5x |
| Cash | €3.10m |
| Equity | €32.02m |
| Total liabilities | €120.50m |
| Total assets | €152.52m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: PSQ's short term assets (€130.4M) exceed its short term liabilities (€111.9M).
Long Term Liabilities: PSQ's short term assets (€130.4M) exceed its long term liabilities (€8.6M).
Debt to Equity History and Analysis
Debt Level: PSQ's net debt to equity ratio (119.7%) is considered high.
Reducing Debt: Insufficient data to determine if PSQ's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PSQ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PSQ's interest payments on its debt are well covered by EBIT (3.5x coverage).