Cofidur Balance Sheet Health
Financial Health criteria checks 4/6
Cofidur has a total shareholder equity of €27.8M and total debt of €3.1M, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are €59.2M and €31.4M respectively. Cofidur's EBIT is €1.6M making its interest coverage ratio 38. It has cash and short-term investments of €6.2M.
Key information
11.3%
Debt to equity ratio
€3.13m
Debt
| Interest coverage ratio | 38x |
| Cash | €6.22m |
| Equity | €27.76m |
| Total liabilities | €31.42m |
| Total assets | €59.18m |
Recent financial health updates
Is Cofidur (EPA:ALCOF) Using Debt Sensibly?
May 10
Cofidur (EPA:ALCOF) Has Debt But No Earnings; Should You Worry?
Dec 04
Recent updates
We Think Shareholders Should Be Aware Of Some Factors Beyond Cofidur's (EPA:ALCOF) Profit
Apr 12Returns On Capital Signal Difficult Times Ahead For Cofidur (EPA:ALCOF)
May 31Is Cofidur (EPA:ALCOF) Using Debt Sensibly?
May 10Would Cofidur S.A. (EPA:ALCOF) Be Valuable To Income Investors?
Mar 19Cofidur (EPA:ALCOF) Has Debt But No Earnings; Should You Worry?
Dec 04Financial Position Analysis
Short Term Liabilities: ALCOF's short term assets (€54.2M) exceed its short term liabilities (€27.2M).
Long Term Liabilities: ALCOF's short term assets (€54.2M) exceed its long term liabilities (€4.2M).
Debt to Equity History and Analysis
Debt Level: ALCOF has more cash than its total debt.
Reducing Debt: ALCOF's debt to equity ratio has increased from 9% to 11.3% over the past 5 years.
Debt Coverage: ALCOF's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ALCOF's interest payments on its debt are well covered by EBIT (38x coverage).