Autostrade Meridionali Balance Sheet Health
Financial Health criteria checks 6/6
Autostrade Meridionali has a total shareholder equity of €17.3M and total debt of €1.3M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are €27.3M and €10.0M respectively. Autostrade Meridionali's EBIT is €2.6M making its interest coverage ratio -2.7. It has cash and short-term investments of €4.6M.
Key information
7.7%
Debt to equity ratio
€1.32m
Debt
Interest coverage ratio | -2.7x |
Cash | €4.61m |
Equity | €17.27m |
Total liabilities | €9.98m |
Total assets | €27.25m |
Recent financial health updates
Recent updates
Why Autostrade Meridionali's (BIT:AUTME) Shaky Earnings Are Just The Beginning Of Its Problems
Mar 22Autostrade 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 23Could 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 (€25.8M) exceed its short term liabilities (€10.0M).
Long Term Liabilities: AUTME has no long term liabilities.
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 144.3% to 7.7% over the past 5 years.
Debt Coverage: AUTME's debt is well covered by operating cash flow (70%).
Interest Coverage: AUTME earns more interest than it pays, so coverage of interest payments is not a concern.