SPEAR Investments I B.V Balance Sheet Health
Financial Health criteria checks 1/6
SPEAR Investments I B.V has a total shareholder equity of €1.2M and total debt of €22.6M, which brings its debt-to-equity ratio to 1839.4%. Its total assets and total liabilities are €59.8M and €58.6M respectively.
Key information
1,839.4%
Debt to equity ratio
€22.62m
Debt
Interest coverage ratio | n/a |
Cash | €2.39m |
Equity | €1.23m |
Total liabilities | €58.62m |
Total assets | €59.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QEV's short term assets (€34.3M) exceed its short term liabilities (€16.9M).
Long Term Liabilities: QEV's short term assets (€34.3M) do not cover its long term liabilities (€41.7M).
Debt to Equity History and Analysis
Debt Level: QEV's net debt to equity ratio (1645.5%) is considered high.
Reducing Debt: Insufficient data to determine if QEV's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: QEV's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if QEV's interest payments on its debt are well covered by EBIT.