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 ration/a
Cash€10.85m
Equity€30.49m
Total liabilities€74.84m
Total assets€105.33m

Recent financial health updates

Recent updates

Rainbows and Unicorns: Coreo AG (ETR:CORE) Analysts Just Became A Lot More Optimistic

Oct 28
Rainbows and Unicorns: Coreo AG (ETR:CORE) Analysts Just Became A Lot More Optimistic

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


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