CENIT Balance Sheet Health
Financial Health criteria checks 4/6
CENIT has a total shareholder equity of €45.0M and total debt of €37.4M, which brings its debt-to-equity ratio to 83.1%. Its total assets and total liabilities are €153.6M and €108.6M respectively. CENIT's EBIT is €8.6M making its interest coverage ratio 5.2. It has cash and short-term investments of €24.3M.
Key information
83.1%
Debt to equity ratio
€37.41m
Debt
Interest coverage ratio | 5.2x |
Cash | €24.34m |
Equity | €45.00m |
Total liabilities | €108.61m |
Total assets | €153.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CSH's short term assets (€84.0M) exceed its short term liabilities (€55.9M).
Long Term Liabilities: CSH's short term assets (€84.0M) exceed its long term liabilities (€52.7M).
Debt to Equity History and Analysis
Debt Level: CSH's net debt to equity ratio (29%) is considered satisfactory.
Reducing Debt: CSH's debt to equity ratio has increased from 0.01% to 83.1% over the past 5 years.
Debt Coverage: CSH's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: CSH's interest payments on its debt are well covered by EBIT (5.2x coverage).