Cancom Balance Sheet Health
Financial Health criteria checks 5/6
Cancom has a total shareholder equity of €568.9M and total debt of €40.2M, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are €1.4B and €809.0M respectively. Cancom's EBIT is €55.6M making its interest coverage ratio -81.3. It has cash and short-term investments of €62.4M.
Key information
7.1%
Debt to equity ratio
€40.21m
Debt
| Interest coverage ratio | -81.3x |
| Cash | €62.37m |
| Equity | €568.87m |
| Total liabilities | €809.00m |
| Total assets | €1.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COK's short term assets (€728.4M) exceed its short term liabilities (€585.9M).
Long Term Liabilities: COK's short term assets (€728.4M) exceed its long term liabilities (€223.1M).
Debt to Equity History and Analysis
Debt Level: COK has more cash than its total debt.
Reducing Debt: COK's debt to equity ratio has increased from 2.2% to 7.1% over the past 5 years.
Debt Coverage: COK's debt is well covered by operating cash flow (405.5%).
Interest Coverage: COK earns more interest than it pays, so coverage of interest payments is not a concern.