Cogelec Balance Sheet Health
Financial Health criteria checks 5/6
Cogelec has a total shareholder equity of €7.9M and total debt of €16.6M, which brings its debt-to-equity ratio to 210.4%. Its total assets and total liabilities are €88.9M and €81.0M respectively. Cogelec's EBIT is €5.4M making its interest coverage ratio -29.9. It has cash and short-term investments of €22.6M.
Key information
210.4%
Debt to equity ratio
€16.64m
Debt
Interest coverage ratio | -29.9x |
Cash | €22.62m |
Equity | €7.91m |
Total liabilities | €81.00m |
Total assets | €88.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5TL's short term assets (€60.3M) exceed its short term liabilities (€26.2M).
Long Term Liabilities: 5TL's short term assets (€60.3M) exceed its long term liabilities (€54.8M).
Debt to Equity History and Analysis
Debt Level: 5TL has more cash than its total debt.
Reducing Debt: 5TL's debt to equity ratio has increased from 26.8% to 210.4% over the past 5 years.
Debt Coverage: 5TL's debt is well covered by operating cash flow (65.4%).
Interest Coverage: 5TL earns more interest than it pays, so coverage of interest payments is not a concern.