Autostrade Meridionali Balance Sheet Health
Financial Health criteria checks 5/6
Autostrade Meridionali has a total shareholder equity of €49.4M and total debt of €1.1M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are €59.6M and €10.2M respectively. Autostrade Meridionali's EBIT is €2.9M making its interest coverage ratio -5.4. It has cash and short-term investments of €29.2M.
Key information
2.3%
Debt to equity ratio
€1.13m
Debt
| Interest coverage ratio | -5.4x |
| Cash | €29.23m |
| Equity | €49.38m |
| Total liabilities | €10.17m |
| Total assets | €59.55m |
Recent financial health updates
Recent updates
Why Autostrade Meridionali's (BIT:AUTME) Shaky Earnings Are Just The Beginning Of Its Problems
Mar 22
Autostrade Meridionali (BIT:AUTME) May Have Issues Allocating Its Capital
Jan 10Calculating The Intrinsic Value Of Autostrade Meridionali S.p.A. (BIT:AUTME)
Jan 20Shareholders Will Be Pleased With The Quality of Autostrade Meridionali's (BIT:AUTME) Earnings
Aug 05Autostrade Meridionali (BIT:AUTME) May Have Issues Allocating Its Capital
May 27Autostrade Meridionali (BIT:AUTME) Use Of Debt Could Be Considered Risky
Apr 29Do Investors Have Good Reason To Be Wary Of Autostrade Meridionali S.p.A.'s (BIT:AUTME) 1.8% Dividend Yield?
Mar 29What Type Of Shareholders Make Up Autostrade Meridionali S.p.A.'s (BIT:AUTME) Share Registry?
Mar 02Reflecting on Autostrade Meridionali's (BIT:AUTME) Share Price Returns Over The Last Three Years
Jan 19Here's What To Make Of Autostrade Meridionali's (BIT:AUTME) Returns On Capital
Dec 23
Could The Autostrade Meridionali S.p.A. (BIT:AUTME) Ownership Structure Tell Us Something Useful?
Dec 02Financial Position Analysis
Short Term Liabilities: AUTME's short term assets (€57.6M) exceed its short term liabilities (€5.4M).
Long Term Liabilities: AUTME's short term assets (€57.6M) exceed its long term liabilities (€4.8M).
Debt to Equity History and Analysis
Debt Level: AUTME has more cash than its total debt.
Reducing Debt: AUTME's debt to equity ratio has reduced from 147.1% to 2.3% over the past 5 years.
Debt Coverage: AUTME's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AUTME earns more interest than it pays, so coverage of interest payments is not a concern.