Stratec Balance Sheet Health
Financial Health criteria checks 6/6
Stratec has a total shareholder equity of €227.4M and total debt of €53.2M, which brings its debt-to-equity ratio to 23.4%. Its total assets and total liabilities are €446.8M and €219.4M respectively. Stratec's EBIT is €28.7M making its interest coverage ratio 5.7. It has cash and short-term investments of €30.2M.
Key information
23.4%
Debt to equity ratio
€53.20m
Debt
Interest coverage ratio | 5.7x |
Cash | €30.16m |
Equity | €227.40m |
Total liabilities | €219.39m |
Total assets | €446.79m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: STSE.Y's short term assets (€230.1M) exceed its short term liabilities (€93.1M).
Long Term Liabilities: STSE.Y's short term assets (€230.1M) exceed its long term liabilities (€126.3M).
Debt to Equity History and Analysis
Debt Level: STSE.Y's net debt to equity ratio (10.1%) is considered satisfactory.
Reducing Debt: STSE.Y's debt to equity ratio has reduced from 52.1% to 23.4% over the past 5 years.
Debt Coverage: STSE.Y's debt is well covered by operating cash flow (61.8%).
Interest Coverage: STSE.Y's interest payments on its debt are well covered by EBIT (5.7x coverage).