Sonagi S.G.P.S Balance Sheet Health
Financial Health criteria checks 0/6
Sonagi S.G.P.S has a total shareholder equity of €16.5M and total debt of €70.1M, which brings its debt-to-equity ratio to 424.6%. Its total assets and total liabilities are €94.3M and €77.8M respectively. Sonagi S.G.P.S's EBIT is €1.2M making its interest coverage ratio 0.4. It has cash and short-term investments of €2.2M.
Key information
424.6%
Debt to equity ratio
€70.09m
Debt
| Interest coverage ratio | 0.4x |
| Cash | €2.25m |
| Equity | €16.51m |
| Total liabilities | €77.78m |
| Total assets | €94.28m |
Financial Position Analysis
Short Term Liabilities: SNG's short term assets (€4.5M) do not cover its short term liabilities (€10.9M).
Long Term Liabilities: SNG's short term assets (€4.5M) do not cover its long term liabilities (€66.8M).
Debt to Equity History and Analysis
Debt Level: SNG's net debt to equity ratio (411%) is considered high.
Reducing Debt: SNG's debt to equity ratio has increased from 18.8% to 424.6% over the past 5 years.
Debt Coverage: SNG's debt is not well covered by operating cash flow (0.6%).
Interest Coverage: SNG's interest payments on its debt are not well covered by EBIT (0.4x coverage).