SC Palace Balance Sheet Health
Financial Health criteria checks 4/6
SC Palace has a total shareholder equity of RON16.0M and total debt of RON1.3M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are RON28.8M and RON12.8M respectively. SC Palace's EBIT is RON826.9K making its interest coverage ratio 3.7. It has cash and short-term investments of RON12.4K.
Key information
7.8%
Debt to equity ratio
RON1.25m
Debt
Interest coverage ratio | 3.7x |
Cash | RON12.36k |
Equity | RON16.03m |
Total liabilities | RON12.78m |
Total assets | RON28.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PACY's short term assets (RON5.0M) do not cover its short term liabilities (RON12.3M).
Long Term Liabilities: PACY's short term assets (RON5.0M) exceed its long term liabilities (RON493.7K).
Debt to Equity History and Analysis
Debt Level: PACY's net debt to equity ratio (7.7%) is considered satisfactory.
Reducing Debt: PACY's debt to equity ratio has reduced from 9.1% to 7.8% over the past 5 years.
Debt Coverage: PACY's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PACY's interest payments on its debt are well covered by EBIT (3.7x coverage).