Cemat Balance Sheet Health
Financial Health criteria checks 4/6
Cemat has a total shareholder equity of DKK177.1M and total debt of DKK35.7M, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are DKK310.6M and DKK133.5M respectively. Cemat's EBIT is DKK4.3M making its interest coverage ratio 3.5. It has cash and short-term investments of DKK20.3M.
Key information
20.2%
Debt to equity ratio
DKK 35.75m
Debt
| Interest coverage ratio | 3.5x |
| Cash | DKK 20.25m |
| Equity | DKK 177.07m |
| Total liabilities | DKK 133.52m |
| Total assets | DKK 310.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1X9's short term assets (DKK110.4M) exceed its short term liabilities (DKK68.6M).
Long Term Liabilities: 1X9's short term assets (DKK110.4M) exceed its long term liabilities (DKK64.9M).
Debt to Equity History and Analysis
Debt Level: 1X9's net debt to equity ratio (8.8%) is considered satisfactory.
Reducing Debt: 1X9's debt to equity ratio has increased from 0% to 20.2% over the past 5 years.
Debt Coverage: 1X9's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1X9's interest payments on its debt are well covered by EBIT (3.5x coverage).