Cogelec Balance Sheet Health
Financial Health criteria checks 5/6
Cogelec has a total shareholder equity of €7.1M and total debt of €14.2M, which brings its debt-to-equity ratio to 199.3%. Its total assets and total liabilities are €94.5M and €87.4M respectively. Cogelec's EBIT is €7.3M making its interest coverage ratio -24.6. It has cash and short-term investments of €26.6M.
Key information
199.3%
Debt to equity ratio
€14.17m
Debt
| Interest coverage ratio | -24.6x |
| Cash | €26.58m |
| Equity | €7.11m |
| Total liabilities | €87.40m |
| Total assets | €94.51m |
Recent financial health updates
Health Check: How Prudently Does Cogelec (EPA:ALLEC) Use Debt?
Apr 28
Does Cogelec (EPA:ALLEC) Have A Healthy Balance Sheet?
Dec 12Recent updates
Why Investors Shouldn't Be Surprised By Cogelec SA's (EPA:ALLEC) 33% Share Price Surge
Oct 05Shareholders Will Be Pleased With The Quality of Cogelec's (EPA:ALLEC) Earnings
May 02Calculating 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 02
Does Cogelec (EPA:ALLEC) Have A Healthy Balance Sheet?
Dec 12Financial Position Analysis
Short Term Liabilities: ALLEC's short term assets (€64.4M) exceed its short term liabilities (€32.6M).
Long Term Liabilities: ALLEC's short term assets (€64.4M) 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 24.2% to 199.3% over the past 5 years.
Debt Coverage: ALLEC's debt is well covered by operating cash flow (106.2%).
Interest Coverage: ALLEC earns more interest than it pays, so coverage of interest payments is not a concern.