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Atlas Estates Balance Sheet Health
Financial Health criteria checks 4/6
Key information
47.7%
Debt to equity ratio
€67.94m
Debt
| Interest coverage ratio | -1.4x |
| Cash | €52.72m |
| Equity | €142.38m |
| Total liabilities | €101.52m |
| Total assets | €243.89m |
Recent financial health updates
We Think Atlas Estates (WSE:ATL) Is Taking Some Risk With Its Debt
Dec 06
We Think Atlas Estates (WSE:ATL) Is Taking Some Risk With Its Debt
Jun 21Health Check: How Prudently Does Atlas Estates (WSE:ATL) Use Debt?
Jan 20Is Atlas Estates (WSE:ATL) Using Debt In A Risky Way?
May 05Recent updates
We Think Atlas Estates (WSE:ATL) Is Taking Some Risk With Its Debt
Dec 06We Think Atlas Estates (WSE:ATL) Is Taking Some Risk With Its Debt
Jun 21Health Check: How Prudently Does Atlas Estates (WSE:ATL) Use Debt?
Jan 20Is Atlas Estates (WSE:ATL) Using Debt In A Risky Way?
May 05We're Not So Sure You Should Rely on Atlas Estates's (WSE:ATL) Statutory Earnings
Dec 16Financial Position Analysis
Short Term Liabilities: ATL's short term assets (€59.6M) exceed its short term liabilities (€13.8M).
Long Term Liabilities: ATL's short term assets (€59.6M) do not cover its long term liabilities (€87.7M).
Debt to Equity History and Analysis
Debt Level: ATL's net debt to equity ratio (10.7%) is considered satisfactory.
Reducing Debt: ATL's debt to equity ratio has reduced from 105.9% to 47.7% over the past 5 years.
Debt Coverage: ATL's debt is not well covered by operating cash flow (7.3%).
Interest Coverage: ATL earns more interest than it pays, so coverage of interest payments is not a concern.