Sicily by Car Balance Sheet Health
Financial Health criteria checks 3/6
Sicily by Car has a total shareholder equity of €135.3M and total debt of €103.7M, which brings its debt-to-equity ratio to 76.6%. Its total assets and total liabilities are €288.5M and €153.3M respectively. Sicily by Car's EBIT is €10.1M making its interest coverage ratio 1.9. It has cash and short-term investments of €81.6M.
Key information
76.6%
Debt to equity ratio
€103.68m
Debt
| Interest coverage ratio | 1.9x |
| Cash | €81.65m |
| Equity | €135.26m |
| Total liabilities | €153.27m |
| Total assets | €288.53m |
Financial Position Analysis
Short Term Liabilities: SBC's short term assets (€140.8M) exceed its short term liabilities (€105.7M).
Long Term Liabilities: SBC's short term assets (€140.8M) exceed its long term liabilities (€47.6M).
Debt to Equity History and Analysis
Debt Level: SBC's net debt to equity ratio (16.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if SBC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SBC's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: SBC's interest payments on its debt are not well covered by EBIT (1.9x coverage).