Euro-Cycles Balance Sheet Health
Financial Health criteria checks 2/6
Euro-Cycles has a total shareholder equity of TND53.1M and total debt of TND116.9M, which brings its debt-to-equity ratio to 220.2%. Its total assets and total liabilities are TND201.1M and TND148.1M respectively. Euro-Cycles's EBIT is TND15.5M making its interest coverage ratio 2.9. It has cash and short-term investments of TND2.7M.
Key information
220.2%
Debt to equity ratio
د.ت116.89m
Debt
Interest coverage ratio | 2.9x |
Cash | د.ت2.70m |
Equity | د.ت53.09m |
Total liabilities | د.ت148.05m |
Total assets | د.ت201.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECYCL's short term assets (TND180.3M) exceed its short term liabilities (TND140.2M).
Long Term Liabilities: ECYCL's short term assets (TND180.3M) exceed its long term liabilities (TND7.9M).
Debt to Equity History and Analysis
Debt Level: ECYCL's net debt to equity ratio (215.1%) is considered high.
Reducing Debt: ECYCL's debt to equity ratio has increased from 69.4% to 220.2% over the past 5 years.
Debt Coverage: ECYCL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ECYCL's interest payments on its debt are not well covered by EBIT (2.9x coverage).