Cofidur Balance Sheet Health
Financial Health criteria checks 4/6
Cofidur has a total shareholder equity of €27.4M and total debt of €3.0M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are €60.5M and €33.1M respectively. Cofidur's EBIT is €1.8M making its interest coverage ratio 47.6. It has cash and short-term investments of €4.3M.
Key information
10.8%
Debt to equity ratio
€2.97m
Debt
| Interest coverage ratio | 47.6x |
| Cash | €4.28m |
| Equity | €27.42m |
| Total liabilities | €33.12m |
| Total assets | €60.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7ZW's short term assets (€55.4M) exceed its short term liabilities (€13.5M).
Long Term Liabilities: 7ZW's short term assets (€55.4M) exceed its long term liabilities (€19.6M).
Debt to Equity History and Analysis
Debt Level: 7ZW has more cash than its total debt.
Reducing Debt: 7ZW's debt to equity ratio has increased from 6.8% to 10.8% over the past 5 years.
Debt Coverage: 7ZW's debt is not well covered by operating cash flow (2.3%).
Interest Coverage: 7ZW's interest payments on its debt are well covered by EBIT (47.6x coverage).