Catenon Balance Sheet Health
Financial Health criteria checks 6/6
Catenon has a total shareholder equity of €2.9M and total debt of €1.4M, which brings its debt-to-equity ratio to 48.3%. Its total assets and total liabilities are €6.3M and €3.3M respectively. Catenon's EBIT is €713.3K making its interest coverage ratio 13.4. It has cash and short-term investments of €814.2K.
Key information
48.3%
Debt to equity ratio
€1.42m
Debt
| Interest coverage ratio | 13.4x |
| Cash | €814.19k |
| Equity | €2.94m |
| Total liabilities | €3.32m |
| Total assets | €6.26m |
Recent financial health updates
Catenon (BME:COM) Has A Pretty Healthy Balance Sheet
Oct 24
Does Catenon (BME:COM) Have A Healthy Balance Sheet?
Oct 09Catenon (BME:COM) Is Carrying A Fair Bit Of Debt
Apr 12Recent updates
Catenon, S.A.'s (BME:COM) Earnings Haven't Escaped The Attention Of Investors
Mar 16Catenon (BME:COM) Has A Pretty Healthy Balance Sheet
Oct 24Take Care Before Jumping Onto Catenon, S.A. (BME:COM) Even Though It's 25% Cheaper
Aug 05Estimating The Fair Value Of Catenon, S.A. (BME:COM)
Jul 25Does Catenon (BME:COM) Have A Healthy Balance Sheet?
Oct 09Catenon (BME:COM) Is Carrying A Fair Bit Of Debt
Apr 12Financial Position Analysis
Short Term Liabilities: COM's short term assets (€4.6M) exceed its short term liabilities (€2.6M).
Long Term Liabilities: COM's short term assets (€4.6M) exceed its long term liabilities (€751.0K).
Debt to Equity History and Analysis
Debt Level: COM's net debt to equity ratio (20.6%) is considered satisfactory.
Reducing Debt: COM's debt to equity ratio has reduced from 151.8% to 48.3% over the past 5 years.
Debt Coverage: COM's debt is well covered by operating cash flow (87.9%).
Interest Coverage: COM's interest payments on its debt are well covered by EBIT (13.4x coverage).