Almunda Professionals Balance Sheet Health
Financial Health criteria checks 3/6
Almunda Professionals has a total shareholder equity of €11.5M and total debt of €12.1M, which brings its debt-to-equity ratio to 105.4%. Its total assets and total liabilities are €34.7M and €23.2M respectively. Almunda Professionals's EBIT is €2.8M making its interest coverage ratio 3.8. It has cash and short-term investments of €3.4M.
Key information
105.4%
Debt to equity ratio
€12.13m
Debt
Interest coverage ratio | 3.8x |
Cash | €3.43m |
Equity | €11.51m |
Total liabilities | €23.19m |
Total assets | €34.70m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: AMUND's short term assets (€8.4M) exceed its short term liabilities (€7.6M).
Long Term Liabilities: AMUND's short term assets (€8.4M) do not cover its long term liabilities (€15.6M).
Debt to Equity History and Analysis
Debt Level: AMUND's net debt to equity ratio (75.6%) is considered high.
Reducing Debt: AMUND's debt to equity ratio has increased from 13.7% to 105.4% over the past 5 years.
Debt Coverage: AMUND's debt is well covered by operating cash flow (31.1%).
Interest Coverage: AMUND's interest payments on its debt are well covered by EBIT (3.8x coverage).