Société Centrale des Bois et des Scieries de la Manche Balance Sheet Health
Financial Health criteria checks 2/6
Société Centrale des Bois et des Scieries de la Manche has a total shareholder equity of €253.8M and total debt of €215.4M, which brings its debt-to-equity ratio to 84.9%. Its total assets and total liabilities are €479.9M and €226.1M respectively. Société Centrale des Bois et des Scieries de la Manche's EBIT is €15.0M making its interest coverage ratio 2.5. It has cash and short-term investments of €42.0M.
Key information
84.9%
Debt to equity ratio
€215.38m
Debt
Interest coverage ratio | 2.5x |
Cash | €41.99m |
Equity | €253.76m |
Total liabilities | €226.09m |
Total assets | €479.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CBSM's short term assets (€48.7M) exceed its short term liabilities (€23.6M).
Long Term Liabilities: CBSM's short term assets (€48.7M) do not cover its long term liabilities (€202.5M).
Debt to Equity History and Analysis
Debt Level: CBSM's net debt to equity ratio (68.3%) is considered high.
Reducing Debt: CBSM's debt to equity ratio has reduced from 138.2% to 84.9% over the past 5 years.
Debt Coverage: CBSM's debt is not well covered by operating cash flow (6.8%).
Interest Coverage: CBSM's interest payments on its debt are not well covered by EBIT (2.5x coverage).