Cogelec Balance Sheet Health
Financial Health criteria checks 5/6
Cogelec has a total shareholder equity of €7.1M and total debt of €14.2M, which brings its debt-to-equity ratio to 199.3%. Its total assets and total liabilities are €94.5M and €87.4M respectively. Cogelec's EBIT is €7.3M making its interest coverage ratio -24.6. It has cash and short-term investments of €26.6M.
Key information
199.3%
Debt to equity ratio
€14.17m
Debt
| Interest coverage ratio | -24.6x |
| Cash | €26.58m |
| Equity | €7.11m |
| Total liabilities | €87.40m |
| Total assets | €94.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5TL's short term assets (€64.4M) exceed its short term liabilities (€32.6M).
Long Term Liabilities: 5TL's short term assets (€64.4M) 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 24.2% to 199.3% over the past 5 years.
Debt Coverage: 5TL's debt is well covered by operating cash flow (106.2%).
Interest Coverage: 5TL earns more interest than it pays, so coverage of interest payments is not a concern.