Courtois Balance Sheet Health
Financial Health criteria checks 4/6
Courtois has a total shareholder equity of €18.9M and total debt of €3.9M, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are €25.5M and €6.6M respectively.
Key information
20.5%
Debt to equity ratio
€3.87m
Debt
| Interest coverage ratio | n/a |
| Cash | €7.04m |
| Equity | €18.92m |
| Total liabilities | €6.56m |
| Total assets | €25.48m |
Financial Position Analysis
Short Term Liabilities: COUR's short term assets (€14.6M) exceed its short term liabilities (€2.6M).
Long Term Liabilities: COUR's short term assets (€14.6M) exceed its long term liabilities (€4.0M).
Debt to Equity History and Analysis
Debt Level: COUR has more cash than its total debt.
Reducing Debt: COUR's debt to equity ratio has reduced from 26.1% to 20.5% over the past 5 years.
Debt Coverage: COUR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if COUR's interest payments on its debt are well covered by EBIT.