Catenon Balance Sheet Health
Financial Health criteria checks 6/6
Catenon has a total shareholder equity of €2.9M and total debt of €1.4M, which brings its debt-to-equity ratio to 48.3%. Its total assets and total liabilities are €6.3M and €3.3M respectively. Catenon's EBIT is €713.3K making its interest coverage ratio 13.4. It has cash and short-term investments of €814.2K.
Key information
48.3%
Debt to equity ratio
€1.42m
Debt
Interest coverage ratio | 13.4x |
Cash | €814.19k |
Equity | €2.94m |
Total liabilities | €3.32m |
Total assets | €6.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8Y9's short term assets (€4.6M) exceed its short term liabilities (€2.6M).
Long Term Liabilities: 8Y9's short term assets (€4.6M) exceed its long term liabilities (€751.0K).
Debt to Equity History and Analysis
Debt Level: 8Y9's net debt to equity ratio (20.6%) is considered satisfactory.
Reducing Debt: 8Y9's debt to equity ratio has reduced from 151.8% to 48.3% over the past 5 years.
Debt Coverage: 8Y9's debt is well covered by operating cash flow (87.9%).
Interest Coverage: 8Y9's interest payments on its debt are well covered by EBIT (13.4x coverage).