Catenon Balance Sheet Health
Financial Health criteria checks 6/6
Catenon has a total shareholder equity of €2.4M and total debt of €1.5M, which brings its debt-to-equity ratio to 61.8%. Its total assets and total liabilities are €5.5M and €3.1M respectively. Catenon's EBIT is €154.9K making its interest coverage ratio 2.7. It has cash and short-term investments of €562.3K.
Key information
61.8%
Debt to equity ratio
€1.51m
Debt
| Interest coverage ratio | 2.7x |
| Cash | €562.25k |
| Equity | €2.45m |
| Total liabilities | €3.08m |
| Total assets | €5.53m |
Recent financial health updates
Here's Why Catenon (BME:COM) Has A Meaningful Debt Burden
Jun 28
Catenon (BME:COM) Has A Pretty Healthy Balance Sheet
Oct 24Does Catenon (BME:COM) Have A Healthy Balance Sheet?
Oct 09Catenon (BME:COM) Is Carrying A Fair Bit Of Debt
Apr 12Recent updates
Here's Why Catenon (BME:COM) Has A Meaningful Debt Burden
Jun 28Catenon, 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 (€3.6M) exceed its short term liabilities (€2.4M).
Long Term Liabilities: COM's short term assets (€3.6M) exceed its long term liabilities (€630.3K).
Debt to Equity History and Analysis
Debt Level: COM's net debt to equity ratio (38.9%) is considered satisfactory.
Reducing Debt: COM's debt to equity ratio has reduced from 96.5% to 61.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable COM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: COM is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 1.1% per year.