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 ratio | 0.2x |
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.