Compagnie Financière de Neufcour Balance Sheet Health
Financial Health criteria checks 4/6
Compagnie Financière de Neufcour has a total shareholder equity of €6.7M and total debt of €2.2M, which brings its debt-to-equity ratio to 33.1%. Its total assets and total liabilities are €10.0M and €3.2M respectively.
Key information
33.1%
Debt to equity ratio
€2.23m
Debt
| Interest coverage ratio | n/a |
| Cash | €106.32k |
| Equity | €6.73m |
| Total liabilities | €3.23m |
| Total assets | €9.97m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MLNEU's short term assets (€6.1M) exceed its short term liabilities (€2.6M).
Long Term Liabilities: MLNEU's short term assets (€6.1M) exceed its long term liabilities (€676.9K).
Debt to Equity History and Analysis
Debt Level: MLNEU's net debt to equity ratio (31.5%) is considered satisfactory.
Reducing Debt: MLNEU's debt to equity ratio has reduced from 43.8% to 33.1% over the past 5 years.
Debt Coverage: Insufficient data to determine if MLNEU's debt is well covered by operating cash flow.
Interest Coverage: Insufficient data to determine if MLNEU's interest payments on its debt are well covered by EBIT.