Compañia Levantina de Edificacion y Obras Publicas Balance Sheet Health
Financial Health criteria checks 4/6
Compañia Levantina de Edificacion y Obras Publicas has a total shareholder equity of €27.5M and total debt of €11.6M, which brings its debt-to-equity ratio to 42.3%. Its total assets and total liabilities are €62.8M and €35.3M respectively. Compañia Levantina de Edificacion y Obras Publicas's EBIT is €903.0K making its interest coverage ratio -0. It has cash and short-term investments of €3.2M.
Key information
42.3%
Debt to equity ratio
€11.63m
Debt
Interest coverage ratio | -0.04x |
Cash | €3.16m |
Equity | €27.48m |
Total liabilities | €35.28m |
Total assets | €62.76m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CLEO's short term assets (€16.2M) do not cover its short term liabilities (€17.8M).
Long Term Liabilities: CLEO's short term assets (€16.2M) do not cover its long term liabilities (€17.5M).
Debt to Equity History and Analysis
Debt Level: CLEO's net debt to equity ratio (30.8%) is considered satisfactory.
Reducing Debt: CLEO's debt to equity ratio has reduced from 201.2% to 42.3% over the past 5 years.
Debt Coverage: CLEO's debt is well covered by operating cash flow (20.2%).
Interest Coverage: CLEO earns more interest than it pays, so coverage of interest payments is not a concern.