Cancom Balance Sheet Health
Financial Health criteria checks 6/6
Cancom has a total shareholder equity of €724.5M and total debt of €10.7M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are €1.5B and €824.0M respectively. Cancom's EBIT is €49.6M making its interest coverage ratio -30.1. It has cash and short-term investments of €222.5M.
Key information
1.5%
Debt to equity ratio
€10.73m
Debt
Interest coverage ratio | -30.1x |
Cash | €222.55m |
Equity | €724.46m |
Total liabilities | €824.02m |
Total assets | €1.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COK's short term assets (€911.1M) exceed its short term liabilities (€599.2M).
Long Term Liabilities: COK's short term assets (€911.1M) exceed its long term liabilities (€224.8M).
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 reduced from 1.6% to 1.5% over the past 5 years.
Debt Coverage: COK's debt is well covered by operating cash flow (882.2%).
Interest Coverage: COK earns more interest than it pays, so coverage of interest payments is not a concern.