Coreo Financial Health
Financial Health criteria checks 2/6
Coreo has a total shareholder equity of €30.5M and total debt of €69.7M, which brings its debt-to-equity ratio to 228.7%. Its total assets and total liabilities are €105.3M and €74.8M respectively.
Key information
228.7%
Debt to equity ratio
€69.73m
Debt
| Interest coverage ratio | n/a |
| Cash | €10.85m |
| Equity | €30.49m |
| Total liabilities | €74.84m |
| Total assets | €105.33m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: CORE's short term assets (€23.0M) exceed its short term liabilities (€14.7M).
Long Term Liabilities: CORE's short term assets (€23.0M) do not cover its long term liabilities (€60.1M).
Debt to Equity History and Analysis
Debt Level: CORE's net debt to equity ratio (193.1%) is considered high.
Reducing Debt: CORE's debt to equity ratio has increased from 38.4% to 228.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CORE has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CORE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 5.6% each year