Compumedics Balance Sheet Health
Financial Health criteria checks 4/6
Compumedics has a total shareholder equity of A$18.0M and total debt of A$7.5M, which brings its debt-to-equity ratio to 41.9%. Its total assets and total liabilities are A$40.7M and A$22.7M respectively. Compumedics's EBIT is A$2.3M making its interest coverage ratio 2.9. It has cash and short-term investments of A$3.7M.
Key information
41.9%
Debt to equity ratio
AU$7.55m
Debt
| Interest coverage ratio | 2.9x |
| Cash | AU$3.67m |
| Equity | AU$18.03m |
| Total liabilities | AU$22.65m |
| Total assets | AU$40.68m |
Recent financial health updates
We Think Compumedics (ASX:CMP) Has A Fair Chunk Of Debt
Nov 03
Is Compumedics (ASX:CMP) A Risky Investment?
May 27Compumedics (ASX:CMP) Seems To Use Debt Quite Sensibly
Oct 14Is Compumedics (ASX:CMP) Using Debt Sensibly?
May 02Here's Why Compumedics (ASX:CMP) Has A Meaningful Debt Burden
Jun 10These 4 Measures Indicate That Compumedics (ASX:CMP) Is Using Debt Extensively
Feb 25Recent updates
Returns On Capital Signal Difficult Times Ahead For Compumedics (ASX:CMP)
Mar 07We Think Compumedics (ASX:CMP) Has A Fair Chunk Of Debt
Nov 03Is Compumedics (ASX:CMP) A Risky Investment?
May 27Compumedics (ASX:CMP) Could Be At Risk Of Shrinking As A Company
Jan 25Some Shareholders May Object To A Pay Rise For Compumedics Limited's (ASX:CMP) CEO This Year
Oct 19Compumedics (ASX:CMP) Seems To Use Debt Quite Sensibly
Oct 14Is Compumedics (ASX:CMP) Using Debt Sensibly?
May 02Compumedics (ASX:CMP) May Have Issues Allocating Its Capital
Dec 08Compumedics (ASX:CMP) Will Want To Turn Around Its Return Trends
Aug 09Here's Why Compumedics (ASX:CMP) Has A Meaningful Debt Burden
Jun 10Returns On Capital Signal Tricky Times Ahead For Compumedics (ASX:CMP)
May 06These 4 Measures Indicate That Compumedics (ASX:CMP) Is Using Debt Extensively
Feb 25How Much Did Compumedics'(ASX:CMP) Shareholders Earn From Share Price Movements Over The Last Year?
Dec 01Financial Position Analysis
Short Term Liabilities: CMP's short term assets (A$28.3M) exceed its short term liabilities (A$21.5M).
Long Term Liabilities: CMP's short term assets (A$28.3M) exceed its long term liabilities (A$1.2M).
Debt to Equity History and Analysis
Debt Level: CMP's net debt to equity ratio (21.5%) is considered satisfactory.
Reducing Debt: CMP's debt to equity ratio has increased from 7.4% to 41.9% over the past 5 years.
Debt Coverage: CMP's debt is well covered by operating cash flow (28.4%).
Interest Coverage: CMP's interest payments on its debt are not well covered by EBIT (2.9x coverage).