Candela Invest Balance Sheet Health
Financial Health criteria checks 2/6
Candela Invest has a total shareholder equity of €3.4M and total debt of €5.0M, which brings its debt-to-equity ratio to 147.5%. Its total assets and total liabilities are €9.7M and €6.3M respectively.
Key information
147.5%
Debt to equity ratio
€5.00m
Debt
Interest coverage ratio | n/a |
Cash | €2.43m |
Equity | €3.39m |
Total liabilities | €6.30m |
Total assets | €9.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAND's short term assets (€6.0M) exceed its short term liabilities (€1.3M).
Long Term Liabilities: CAND's short term assets (€6.0M) exceed its long term liabilities (€5.0M).
Debt to Equity History and Analysis
Debt Level: CAND's net debt to equity ratio (75.9%) is considered high.
Reducing Debt: CAND's debt to equity ratio has increased from 80.2% to 147.5% over the past 5 years.
Debt Coverage: Insufficient data to determine if CAND's debt is well covered by operating cash flow.
Interest Coverage: Insufficient data to determine if CAND's interest payments on its debt are well covered by EBIT.