Cogelec Balance Sheet Health
Financial Health criteria checks 5/6
Cogelec has a total shareholder equity of €7.9M and total debt of €16.6M, which brings its debt-to-equity ratio to 210.4%. Its total assets and total liabilities are €88.9M and €81.0M respectively. Cogelec's EBIT is €5.4M making its interest coverage ratio -29.9. It has cash and short-term investments of €22.6M.
Key information
210.4%
Debt to equity ratio
€16.64m
Debt
Interest coverage ratio | -29.9x |
Cash | €22.62m |
Equity | €7.91m |
Total liabilities | €81.00m |
Total assets | €88.91m |
Recent financial health updates
Health Check: How Prudently Does Cogelec (EPA:ALLEC) Use Debt?
Apr 28Does Cogelec (EPA:ALLEC) Have A Healthy Balance Sheet?
Dec 12Recent updates
Calculating The Intrinsic Value Of Cogelec SA (EPA:ALLEC)
Jan 21Here's What's Concerning About Cogelec's (EPA:ALLEC) Returns On Capital
Sep 29Cogelec SA (EPA:ALLEC) Shares Could Be 46% Below Their Intrinsic Value Estimate
May 24Health Check: How Prudently Does Cogelec (EPA:ALLEC) Use Debt?
Apr 28Should You Think About Buying Cogelec SA (EPA:ALLEC) Now?
Feb 02Does Cogelec (EPA:ALLEC) Have A Healthy Balance Sheet?
Dec 12Financial Position Analysis
Short Term Liabilities: ALLEC's short term assets (€60.3M) exceed its short term liabilities (€26.2M).
Long Term Liabilities: ALLEC's short term assets (€60.3M) exceed its long term liabilities (€54.8M).
Debt to Equity History and Analysis
Debt Level: ALLEC has more cash than its total debt.
Reducing Debt: ALLEC's debt to equity ratio has increased from 26.8% to 210.4% over the past 5 years.
Debt Coverage: ALLEC's debt is well covered by operating cash flow (65.4%).
Interest Coverage: ALLEC earns more interest than it pays, so coverage of interest payments is not a concern.