Courbet Balance Sheet Health

Financial Health criteria checks 2/6

Courbet has a total shareholder equity of €719.5K and total debt of €7.7M, which brings its debt-to-equity ratio to 1068.6%. Its total assets and total liabilities are €9.5M and €8.8M respectively. Courbet's EBIT is €54.7K making its interest coverage ratio 0.2. It has cash and short-term investments of €76.0K.

Key information

1,068.6%

Debt to equity ratio

€7.69m

Debt

Interest coverage ratio0.2x
Cash€76.04k
Equity€719.49k
Total liabilities€8.76m
Total assets€9.48m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: MLCOU's short term assets (€1.6M) exceed its short term liabilities (€1.1M).

Long Term Liabilities: MLCOU's short term assets (€1.6M) do not cover its long term liabilities (€7.7M).


Debt to Equity History and Analysis

Debt Level: MLCOU's net debt to equity ratio (1058.1%) is considered high.

Reducing Debt: MLCOU had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if MLCOU has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if MLCOU has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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