Comer Industries Balance Sheet Health
Financial Health criteria checks 6/6
Comer Industries has a total shareholder equity of €516.7M and total debt of €138.2M, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are €1.2B and €668.8M respectively. Comer Industries's EBIT is €117.0M making its interest coverage ratio 13. It has cash and short-term investments of €77.6M.
Key information
26.8%
Debt to equity ratio
€138.23m
Debt
| Interest coverage ratio | 13x |
| Cash | €77.64m |
| Equity | €516.72m |
| Total liabilities | €668.81m |
| Total assets | €1.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: X5Q's short term assets (€528.6M) exceed its short term liabilities (€387.4M).
Long Term Liabilities: X5Q's short term assets (€528.6M) exceed its long term liabilities (€281.5M).
Debt to Equity History and Analysis
Debt Level: X5Q's net debt to equity ratio (11.7%) is considered satisfactory.
Reducing Debt: X5Q's debt to equity ratio has reduced from 44.8% to 26.8% over the past 5 years.
Debt Coverage: X5Q's debt is well covered by operating cash flow (112.1%).
Interest Coverage: X5Q's interest payments on its debt are well covered by EBIT (13x coverage).