Almunda Professionals Balance Sheet Health
Financial Health criteria checks 1/6
Almunda Professionals has a total shareholder equity of €13.6M and total debt of €12.0M, which brings its debt-to-equity ratio to 88%. Its total assets and total liabilities are €37.1M and €23.4M respectively. Almunda Professionals's EBIT is €1.9M making its interest coverage ratio 1.8. It has cash and short-term investments of €3.3M.
Key information
88.0%
Debt to equity ratio
€12.01m
Debt
| Interest coverage ratio | 1.8x |
| Cash | €3.32m |
| Equity | €13.65m |
| Total liabilities | €23.43m |
| Total assets | €37.07m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: AMUND's short term assets (€9.8M) do not cover its short term liabilities (€9.8M).
Long Term Liabilities: AMUND's short term assets (€9.8M) do not cover its long term liabilities (€13.6M).
Debt to Equity History and Analysis
Debt Level: AMUND's net debt to equity ratio (63.6%) is considered high.
Reducing Debt: AMUND's debt to equity ratio has increased from 14.2% to 88% over the past 5 years.
Debt Coverage: AMUND's debt is well covered by operating cash flow (31%).
Interest Coverage: AMUND's interest payments on its debt are not well covered by EBIT (1.8x coverage).