Coreo Balance Sheet Health
Financial Health criteria checks 3/6
Coreo has a total shareholder equity of €17.9M and total debt of €67.7M, which brings its debt-to-equity ratio to 377.7%. Its total assets and total liabilities are €90.9M and €73.0M respectively.
Key information
377.7%
Debt to equity ratio
€67.68m
Debt
| Interest coverage ratio | n/a |
| Cash | €6.55m |
| Equity | €17.92m |
| Total liabilities | €72.97m |
| Total assets | €90.89m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CORE's short term assets (€20.0M) exceed its short term liabilities (€7.8M).
Long Term Liabilities: CORE's short term assets (€20.0M) do not cover its long term liabilities (€65.2M).
Debt to Equity History and Analysis
Debt Level: CORE's net debt to equity ratio (341.1%) is considered high.
Reducing Debt: CORE's debt to equity ratio has increased from 119.8% to 377.7% 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 sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 18.8% each year