Applus Services Balance Sheet Health
Financial Health criteria checks 3/6
Applus Services has a total shareholder equity of €589.1M and total debt of €881.0M, which brings its debt-to-equity ratio to 149.6%. Its total assets and total liabilities are €2.4B and €1.9B respectively. Applus Services's EBIT is €157.2M making its interest coverage ratio 4.5. It has cash and short-term investments of €206.8M.
Key information
149.6%
Debt to equity ratio
€880.99m
Debt
| Interest coverage ratio | 4.5x |
| Cash | €206.77m |
| Equity | €589.09m |
| Total liabilities | €1.85b |
| Total assets | €2.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APLU.F's short term assets (€765.6M) exceed its short term liabilities (€656.2M).
Long Term Liabilities: APLU.F's short term assets (€765.6M) do not cover its long term liabilities (€1.2B).
Debt to Equity History and Analysis
Debt Level: APLU.F's net debt to equity ratio (114.5%) is considered high.
Reducing Debt: APLU.F's debt to equity ratio has increased from 76% to 149.6% over the past 5 years.
Debt Coverage: APLU.F's debt is well covered by operating cash flow (36.8%).
Interest Coverage: APLU.F's interest payments on its debt are well covered by EBIT (4.5x coverage).