Commcenter Balance Sheet Health
Financial Health criteria checks 3/6
Commcenter has a total shareholder equity of €6.7M and total debt of €17.3M, which brings its debt-to-equity ratio to 256.2%. Its total assets and total liabilities are €33.7M and €26.9M respectively. Commcenter's EBIT is €1.3M making its interest coverage ratio 2.1. It has cash and short-term investments of €8.8M.
Key information
256.2%
Debt to equity ratio
€17.26m
Debt
Interest coverage ratio | 2.1x |
Cash | €8.83m |
Equity | €6.74m |
Total liabilities | €26.95m |
Total assets | €33.68m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: CMM's short term assets (€19.4M) exceed its short term liabilities (€18.4M).
Long Term Liabilities: CMM's short term assets (€19.4M) exceed its long term liabilities (€8.6M).
Debt to Equity History and Analysis
Debt Level: CMM's net debt to equity ratio (125.2%) is considered high.
Reducing Debt: CMM's debt to equity ratio has increased from 186.4% to 256.2% over the past 5 years.
Debt Coverage: CMM's debt is well covered by operating cash flow (31.9%).
Interest Coverage: CMM's interest payments on its debt are not well covered by EBIT (2.1x coverage).