Coheris Balance Sheet Health
Financial Health criteria checks 5/6
Coheris has a total shareholder equity of €16.0M and total debt of €2.2M, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are €38.3M and €22.4M respectively. Coheris's EBIT is €2.7M making its interest coverage ratio -74. It has cash and short-term investments of €582.0K.
Key information
13.5%
Debt to equity ratio
€2.15m
Debt
Interest coverage ratio | -74x |
Cash | €582.00k |
Equity | €15.97m |
Total liabilities | €22.36m |
Total assets | €38.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OHE's short term assets (€22.8M) exceed its short term liabilities (€16.7M).
Long Term Liabilities: OHE's short term assets (€22.8M) exceed its long term liabilities (€5.7M).
Debt to Equity History and Analysis
Debt Level: OHE's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: OHE's debt to equity ratio has increased from 5.6% to 13.5% over the past 5 years.
Debt Coverage: OHE's debt is well covered by operating cash flow (173.9%).
Interest Coverage: OHE earns more interest than it pays, so coverage of interest payments is not a concern.