Commcenter Balance Sheet Health
Financial Health criteria checks 2/6
Commcenter has a total shareholder equity of €5.8M and total debt of €12.0M, which brings its debt-to-equity ratio to 208.8%. Its total assets and total liabilities are €26.1M and €20.4M respectively. Commcenter's EBIT is €544.1K making its interest coverage ratio 0.9. It has cash and short-term investments of €1.9M.
Key information
208.8%
Debt to equity ratio
€12.03m
Debt
| Interest coverage ratio | 0.9x |
| Cash | €1.89m |
| Equity | €5.76m |
| Total liabilities | €20.37m |
| Total assets | €26.13m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: CMM's short term assets (€12.3M) do not cover its short term liabilities (€14.8M).
Long Term Liabilities: CMM's short term assets (€12.3M) exceed its long term liabilities (€5.6M).
Debt to Equity History and Analysis
Debt Level: CMM's net debt to equity ratio (176%) is considered high.
Reducing Debt: CMM's debt to equity ratio has increased from 184.2% to 208.8% over the past 5 years.
Debt Coverage: CMM's debt is well covered by operating cash flow (29.7%).
Interest Coverage: CMM's interest payments on its debt are not well covered by EBIT (0.9x coverage).