Compañia Levantina de Edificacion y Obras Publicas Balance Sheet Health
Financial Health criteria checks 5/6
Compañia Levantina de Edificacion y Obras Publicas has a total shareholder equity of €28.4M and total debt of €11.3M, which brings its debt-to-equity ratio to 39.9%. Its total assets and total liabilities are €64.3M and €35.9M respectively. Compañia Levantina de Edificacion y Obras Publicas's EBIT is €621.0K making its interest coverage ratio -0.7. It has cash and short-term investments of €3.6M.
Key information
39.9%
Debt to equity ratio
€11.35m
Debt
| Interest coverage ratio | -0.7x |
| Cash | €3.57m |
| Equity | €28.41m |
| Total liabilities | €35.93m |
| Total assets | €64.35m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CLEO's short term assets (€18.8M) exceed its short term liabilities (€17.3M).
Long Term Liabilities: CLEO's short term assets (€18.8M) exceed its long term liabilities (€18.7M).
Debt to Equity History and Analysis
Debt Level: CLEO's net debt to equity ratio (27.4%) is considered satisfactory.
Reducing Debt: CLEO's debt to equity ratio has reduced from 60.9% to 39.9% over the past 5 years.
Debt Coverage: CLEO's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: CLEO earns more interest than it pays, so coverage of interest payments is not a concern.