cBrain Balance Sheet Health
Financial Health criteria checks 5/6
cBrain has a total shareholder equity of DKK229.2M and total debt of DKK50.7M, which brings its debt-to-equity ratio to 22.1%. Its total assets and total liabilities are DKK340.9M and DKK111.7M respectively. cBrain's EBIT is DKK85.4M making its interest coverage ratio 22.6. It has cash and short-term investments of DKK9.2M.
Key information
22.1%
Debt to equity ratio
kr.50.71m
Debt
Interest coverage ratio | 22.6x |
Cash | kr.9.23m |
Equity | kr.229.18m |
Total liabilities | kr.111.68m |
Total assets | kr.340.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: C6F's short term assets (DKK63.9M) exceed its short term liabilities (DKK51.1M).
Long Term Liabilities: C6F's short term assets (DKK63.9M) exceed its long term liabilities (DKK60.6M).
Debt to Equity History and Analysis
Debt Level: C6F's net debt to equity ratio (18.1%) is considered satisfactory.
Reducing Debt: C6F's debt to equity ratio has increased from 0% to 22.1% over the past 5 years.
Debt Coverage: C6F's debt is well covered by operating cash flow (170.2%).
Interest Coverage: C6F's interest payments on its debt are well covered by EBIT (22.6x coverage).