Chris Joannou Balance Sheet Health
Financial Health criteria checks 1/6
Chris Joannou has a total shareholder equity of €3.1M and total debt of €3.3M, which brings its debt-to-equity ratio to 106.2%. Its total assets and total liabilities are €8.3M and €5.2M respectively. Chris Joannou's EBIT is €231.9K making its interest coverage ratio 1.9. It has cash and short-term investments of €11.2K.
Key information
106.2%
Debt to equity ratio
€3.30m
Debt
| Interest coverage ratio | 1.9x |
| Cash | €11.22k |
| Equity | €3.11m |
| Total liabilities | €5.16m |
| Total assets | €8.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CJ's short term assets (€1.6M) do not cover its short term liabilities (€3.3M).
Long Term Liabilities: CJ's short term assets (€1.6M) do not cover its long term liabilities (€1.9M).
Debt to Equity History and Analysis
Debt Level: CJ's net debt to equity ratio (105.8%) is considered high.
Reducing Debt: CJ's debt to equity ratio has reduced from 158.6% to 106.2% over the past 5 years.
Debt Coverage: CJ's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: CJ's interest payments on its debt are not well covered by EBIT (1.9x coverage).