Cancom Balance Sheet Health
Financial Health criteria checks 6/6
Cancom has a total shareholder equity of €675.0M and total debt of €2.1M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are €1.4B and €768.2M respectively. Cancom's EBIT is €56.3M making its interest coverage ratio -66.2. It has cash and short-term investments of €170.3M.
Key information
0.3%
Debt to equity ratio
€2.13m
Debt
| Interest coverage ratio | -66.2x |
| Cash | €170.34m |
| Equity | €675.00m |
| Total liabilities | €768.18m |
| Total assets | €1.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COK's short term assets (€811.3M) exceed its short term liabilities (€557.3M).
Long Term Liabilities: COK's short term assets (€811.3M) exceed its long term liabilities (€210.8M).
Debt to Equity History and Analysis
Debt Level: COK has more cash than its total debt.
Reducing Debt: COK's debt to equity ratio has reduced from 2.1% to 0.3% over the past 5 years.
Debt Coverage: COK's debt is well covered by operating cash flow (11427.4%).
Interest Coverage: COK earns more interest than it pays, so coverage of interest payments is not a concern.