Cloudia Research Balance Sheet Health
Financial Health criteria checks 5/6
Cloudia Research has a total shareholder equity of €2.8M and total debt of €1.1M, which brings its debt-to-equity ratio to 37.8%. Its total assets and total liabilities are €7.8M and €5.0M respectively. Cloudia Research's EBIT is €703.1K making its interest coverage ratio 6.8. It has cash and short-term investments of €1.9M.
Key information
37.8%
Debt to equity ratio
€1.07m
Debt
Interest coverage ratio | 6.8x |
Cash | €1.93m |
Equity | €2.82m |
Total liabilities | €5.00m |
Total assets | €7.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZP2's short term assets (€5.0M) exceed its short term liabilities (€2.6M).
Long Term Liabilities: ZP2's short term assets (€5.0M) exceed its long term liabilities (€2.4M).
Debt to Equity History and Analysis
Debt Level: ZP2 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ZP2's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ZP2's debt is well covered by operating cash flow (126%).
Interest Coverage: ZP2's interest payments on its debt are well covered by EBIT (6.8x coverage).