Cerinnov Group Balance Sheet Health
Financial Health criteria checks 4/6
Cerinnov Group has a total shareholder equity of €3.8M and total debt of €6.3M, which brings its debt-to-equity ratio to 166.6%. Its total assets and total liabilities are €17.9M and €14.1M respectively. Cerinnov Group's EBIT is €812.0K making its interest coverage ratio 8.6. It has cash and short-term investments of €1.0M.
Key information
166.6%
Debt to equity ratio
€6.31m
Debt
| Interest coverage ratio | 8.6x |
| Cash | €1.02m |
| Equity | €3.79m |
| Total liabilities | €14.10m |
| Total assets | €17.88m |
Recent financial health updates
These 4 Measures Indicate That Cerinnov Group (EPA:ALPCV) Is Using Debt Reasonably Well
Apr 13
These 4 Measures Indicate That Cerinnov Group (EPA:ALPCV) Is Using Debt Reasonably Well
Oct 12Health Check: How Prudently Does Cerinnov Group (EPA:ALPCV) Use Debt?
Nov 25Is Cerinnov Group (EPA:ALPCV) Using Debt In A Risky Way?
Nov 25Recent updates
These 4 Measures Indicate That Cerinnov Group (EPA:ALPCV) Is Using Debt Reasonably Well
Apr 13Slammed 25% Cerinnov Group SA (EPA:ALPCV) Screens Well Here But There Might Be A Catch
Dec 22Cerinnov Group (EPA:ALPCV) Shareholders Will Want The ROCE Trajectory To Continue
Nov 09These 4 Measures Indicate That Cerinnov Group (EPA:ALPCV) Is Using Debt Reasonably Well
Oct 12Health Check: How Prudently Does Cerinnov Group (EPA:ALPCV) Use Debt?
Nov 25Is Cerinnov Group (EPA:ALPCV) Using Debt In A Risky Way?
Nov 25Financial Position Analysis
Short Term Liabilities: ALPCV's short term assets (€10.8M) exceed its short term liabilities (€8.9M).
Long Term Liabilities: ALPCV's short term assets (€10.8M) exceed its long term liabilities (€5.2M).
Debt to Equity History and Analysis
Debt Level: ALPCV's net debt to equity ratio (139.7%) is considered high.
Reducing Debt: ALPCV's debt to equity ratio has increased from 69.4% to 166.6% over the past 5 years.
Debt Coverage: ALPCV's debt is well covered by operating cash flow (21.5%).
Interest Coverage: ALPCV's interest payments on its debt are well covered by EBIT (8.6x coverage).