ChemoMetec Balance Sheet Health
Financial Health criteria checks 6/6
ChemoMetec has a total shareholder equity of DKK565.3M and total debt of DKK1.3M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are DKK676.7M and DKK111.4M respectively. ChemoMetec's EBIT is DKK169.0M making its interest coverage ratio -21.4. It has cash and short-term investments of DKK296.1M.
Key information
0.2%
Debt to equity ratio
DKK 1.33m
Debt
| Interest coverage ratio | -21.4x |
| Cash | DKK 296.15m |
| Equity | DKK 565.32m |
| Total liabilities | DKK 111.36m |
| Total assets | DKK 676.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHY's short term assets (DKK489.8M) exceed its short term liabilities (DKK98.5M).
Long Term Liabilities: CHY's short term assets (DKK489.8M) exceed its long term liabilities (DKK12.8M).
Debt to Equity History and Analysis
Debt Level: CHY has more cash than its total debt.
Reducing Debt: CHY's debt to equity ratio has reduced from 10.8% to 0.2% over the past 5 years.
Debt Coverage: CHY's debt is well covered by operating cash flow (9692.1%).
Interest Coverage: CHY earns more interest than it pays, so coverage of interest payments is not a concern.