Carpevigo Holding Balance Sheet Health
Financial Health criteria checks 4/6
Carpevigo Holding has a total shareholder equity of €3.1M and total debt of €4.0M, which brings its debt-to-equity ratio to 126.9%. Its total assets and total liabilities are €11.8M and €8.6M respectively. Carpevigo Holding's EBIT is €6.8M making its interest coverage ratio -66.1. It has cash and short-term investments of €105.3K.
Key information
126.9%
Debt to equity ratio
€3.98m
Debt
Interest coverage ratio | -66.1x |
Cash | €105.28k |
Equity | €3.14m |
Total liabilities | €8.61m |
Total assets | €11.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CV3's short term assets (€11.7M) exceed its short term liabilities (€8.5K).
Long Term Liabilities: CV3's short term assets (€11.7M) exceed its long term liabilities (€8.6M).
Debt to Equity History and Analysis
Debt Level: CV3's net debt to equity ratio (123.5%) is considered high.
Reducing Debt: CV3 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: Insufficient data to determine if CV3's debt is well covered by operating cash flow.
Interest Coverage: CV3 earns more interest than it pays, so coverage of interest payments is not a concern.