Sicily by Car Balance Sheet Health
Financial Health criteria checks 5/6
Sicily by Car has a total shareholder equity of €150.3M and total debt of €98.4M, which brings its debt-to-equity ratio to 65.5%. Its total assets and total liabilities are €277.6M and €127.2M respectively. Sicily by Car's EBIT is €26.4M making its interest coverage ratio 5.5. It has cash and short-term investments of €106.2M.
Key information
65.5%
Debt to equity ratio
€98.40m
Debt
Interest coverage ratio | 5.5x |
Cash | €106.16m |
Equity | €150.33m |
Total liabilities | €127.22m |
Total assets | €277.55m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SBC's short term assets (€134.7M) exceed its short term liabilities (€87.0M).
Long Term Liabilities: SBC's short term assets (€134.7M) exceed its long term liabilities (€40.2M).
Debt to Equity History and Analysis
Debt Level: SBC has more cash than its total debt.
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 well covered by operating cash flow (23.9%).
Interest Coverage: SBC's interest payments on its debt are well covered by EBIT (5.5x coverage).