Coreo Balance Sheet Health
Financial Health criteria checks 2/6
Coreo has a total shareholder equity of €20.0M and total debt of €70.5M, which brings its debt-to-equity ratio to 351.8%. Its total assets and total liabilities are €94.8M and €74.7M respectively.
Key information
351.8%
Debt to equity ratio
€70.51m
Debt
Interest coverage ratio | n/a |
Cash | €5.33m |
Equity | €20.04m |
Total liabilities | €74.74m |
Total assets | €94.78m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: CORE's short term assets (€18.3M) exceed its short term liabilities (€17.1M).
Long Term Liabilities: CORE's short term assets (€18.3M) do not cover its long term liabilities (€57.6M).
Debt to Equity History and Analysis
Debt Level: CORE's net debt to equity ratio (325.3%) is considered high.
Reducing Debt: CORE's debt to equity ratio has increased from 116.8% to 351.8% 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 a year 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 grow at historical rates of 6.5% each year.