Corbion Balance Sheet Health
Financial Health criteria checks 3/6
Corbion has a total shareholder equity of €636.2M and total debt of €720.6M, which brings its debt-to-equity ratio to 113.3%. Its total assets and total liabilities are €1.7B and €1.1B respectively. Corbion's EBIT is €107.2M making its interest coverage ratio 5.2. It has cash and short-term investments of €70.2M.
Key information
113.3%
Debt to equity ratio
€720.60m
Debt
Interest coverage ratio | 5.2x |
Cash | €70.20m |
Equity | €636.20m |
Total liabilities | €1.05b |
Total assets | €1.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CSUA's short term assets (€579.7M) do not cover its short term liabilities (€588.3M).
Long Term Liabilities: CSUA's short term assets (€579.7M) exceed its long term liabilities (€462.3M).
Debt to Equity History and Analysis
Debt Level: CSUA's net debt to equity ratio (102.2%) is considered high.
Reducing Debt: CSUA's debt to equity ratio has increased from 47.9% to 113.3% over the past 5 years.
Debt Coverage: CSUA's debt is well covered by operating cash flow (23%).
Interest Coverage: CSUA's interest payments on its debt are well covered by EBIT (5.2x coverage).