aconnic Balance Sheet Health
Financial Health criteria checks 3/6
aconnic has a total shareholder equity of €173.7K and total debt of €571.2K, which brings its debt-to-equity ratio to 328.9%. Its total assets and total liabilities are €50.6M and €50.4M respectively.
Key information
328.9%
Debt to equity ratio
€571.25k
Debt
| Interest coverage ratio | n/a |
| Cash | €2.76m |
| Equity | €173.66k |
| Total liabilities | €50.39m |
| Total assets | €50.56m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CFC's short term assets (€24.5M) exceed its short term liabilities (€6.7M).
Long Term Liabilities: CFC's short term assets (€24.5M) do not cover its long term liabilities (€43.6M).
Debt to Equity History and Analysis
Debt Level: CFC has more cash than its total debt.
Reducing Debt: CFC's debt to equity ratio has increased from 38.1% to 328.9% over the past 5 years.
Debt Coverage: CFC's debt is well covered by operating cash flow (1347.9%).
Interest Coverage: Insufficient data to determine if CFC's interest payments on its debt are well covered by EBIT.