Crosswood Balance Sheet Health
Financial Health criteria checks 4/6
Crosswood has a total shareholder equity of €79.3M and total debt of €4.4M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are €99.7M and €20.5M respectively. Crosswood's EBIT is €677.0K making its interest coverage ratio 8.1. It has cash and short-term investments of €72.0K.
Key information
5.5%
Debt to equity ratio
€4.37m
Debt
Interest coverage ratio | 8.1x |
Cash | €72.00k |
Equity | €79.25m |
Total liabilities | €20.49m |
Total assets | €99.74m |
Financial Position Analysis
Short Term Liabilities: CROS's short term assets (€1.9M) exceed its short term liabilities (€1.3M).
Long Term Liabilities: CROS's short term assets (€1.9M) do not cover its long term liabilities (€19.2M).
Debt to Equity History and Analysis
Debt Level: CROS's net debt to equity ratio (5.4%) is considered satisfactory.
Reducing Debt: CROS's debt to equity ratio has reduced from 17.9% to 5.5% over the past 5 years.
Debt Coverage: CROS's debt is not well covered by operating cash flow (8.1%).
Interest Coverage: CROS's interest payments on its debt are well covered by EBIT (8.1x coverage).