Compagnie Financière de Neufcour Balance Sheet Health
Financial Health criteria checks 4/6
Compagnie Financière de Neufcour has a total shareholder equity of €7.2M and total debt of €1.5M, which brings its debt-to-equity ratio to 20.8%. Its total assets and total liabilities are €9.9M and €2.7M respectively.
Key information
20.8%
Debt to equity ratio
€1.49m
Debt
| Interest coverage ratio | n/a |
| Cash | €195.75k |
| Equity | €7.17m |
| Total liabilities | €2.71m |
| Total assets | €9.88m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MLNEU's short term assets (€6.0M) exceed its short term liabilities (€2.0M).
Long Term Liabilities: MLNEU's short term assets (€6.0M) exceed its long term liabilities (€726.8K).
Debt to Equity History and Analysis
Debt Level: MLNEU's net debt to equity ratio (18%) is considered satisfactory.
Reducing Debt: MLNEU's debt to equity ratio has reduced from 21.6% to 20.8% 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.