Casta Diva Group Balance Sheet Health
Financial Health criteria checks 3/6
Casta Diva Group has a total shareholder equity of €10.2M and total debt of €19.9M, which brings its debt-to-equity ratio to 195.3%. Its total assets and total liabilities are €59.1M and €48.9M respectively. Casta Diva Group's EBIT is €3.4M making its interest coverage ratio 4.7. It has cash and short-term investments of €15.7M.
Key information
195.3%
Debt to equity ratio
€19.94m
Debt
Interest coverage ratio | 4.7x |
Cash | €15.71m |
Equity | €10.21m |
Total liabilities | €48.88m |
Total assets | €59.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 99C's short term assets (€44.6M) exceed its short term liabilities (€33.8M).
Long Term Liabilities: 99C's short term assets (€44.6M) exceed its long term liabilities (€15.0M).
Debt to Equity History and Analysis
Debt Level: 99C's net debt to equity ratio (41.5%) is considered high.
Reducing Debt: 99C's debt to equity ratio has increased from 52.1% to 195.3% over the past 5 years.
Debt Coverage: 99C's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 99C's interest payments on its debt are well covered by EBIT (4.7x coverage).