Euro-Cycles Balance Sheet Health
Financial Health criteria checks 3/6
Euro-Cycles has a total shareholder equity of TND57.6M and total debt of TND73.5M, which brings its debt-to-equity ratio to 127.5%. Its total assets and total liabilities are TND163.6M and TND106.0M respectively. Euro-Cycles's EBIT is TND15.4M making its interest coverage ratio 2. It has cash and short-term investments of TND5.5M.
Key information
127.5%
Debt to equity ratio
د.ت73.47m
Debt
| Interest coverage ratio | 2x |
| Cash | د.ت5.48m |
| Equity | د.ت57.60m |
| Total liabilities | د.ت105.97m |
| Total assets | د.ت163.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECYCL's short term assets (TND141.5M) exceed its short term liabilities (TND95.3M).
Long Term Liabilities: ECYCL's short term assets (TND141.5M) exceed its long term liabilities (TND10.6M).
Debt to Equity History and Analysis
Debt Level: ECYCL's net debt to equity ratio (118%) is considered high.
Reducing Debt: ECYCL's debt to equity ratio has increased from 59% to 127.5% over the past 5 years.
Debt Coverage: ECYCL's debt is well covered by operating cash flow (70.4%).
Interest Coverage: ECYCL's interest payments on its debt are not well covered by EBIT (2x coverage).