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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 07:30 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Comer Industries S.p.A. is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrea Zampaloni | Alantra Capital Markets Research |
| Michele Baldelli | BNP Paribas Exane |
| Giuseppe Grimaldi | BNP Paribas Exane |