Kumulus Vape Balance Sheet Health
Financial Health criteria checks 6/6
Kumulus Vape has a total shareholder equity of €15.8M and total debt of €3.4M, which brings its debt-to-equity ratio to 21.7%. Its total assets and total liabilities are €24.1M and €8.3M respectively. Kumulus Vape's EBIT is €3.5M making its interest coverage ratio -244.7. It has cash and short-term investments of €5.3M.
Key information
21.7%
Debt to equity ratio
€3.43m
Debt
| Interest coverage ratio | -244.7x |
| Cash | €5.25m |
| Equity | €15.82m |
| Total liabilities | €8.28m |
| Total assets | €24.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8E9's short term assets (€20.0M) exceed its short term liabilities (€4.8M).
Long Term Liabilities: 8E9's short term assets (€20.0M) exceed its long term liabilities (€3.5M).
Debt to Equity History and Analysis
Debt Level: 8E9 has more cash than its total debt.
Reducing Debt: 8E9's debt to equity ratio has reduced from 33.5% to 21.7% over the past 5 years.
Debt Coverage: 8E9's debt is well covered by operating cash flow (182.2%).
Interest Coverage: 8E9 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 08:24 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kumulus Vape S.A. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Veneta Nikolova | TPICAP Midcap |