Mon Courtier Energie Groupe Balance Sheet Health
Financial Health criteria checks 5/6
Mon Courtier Energie Groupe has a total shareholder equity of €10.9M and total debt of €378.0K, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are €18.5M and €7.7M respectively. Mon Courtier Energie Groupe's EBIT is €1.5M making its interest coverage ratio -21.2. It has cash and short-term investments of €7.9M.
Key information
3.5%
Debt to equity ratio
€378.00k
Debt
Interest coverage ratio | -21.2x |
Cash | €7.88m |
Equity | €10.89m |
Total liabilities | €7.66m |
Total assets | €18.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALMCE's short term assets (€15.9M) exceed its short term liabilities (€6.7M).
Long Term Liabilities: ALMCE's short term assets (€15.9M) exceed its long term liabilities (€952.0K).
Debt to Equity History and Analysis
Debt Level: ALMCE has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ALMCE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ALMCE's debt is well covered by operating cash flow (583.3%).
Interest Coverage: ALMCE earns more interest than it pays, so coverage of interest payments is not a concern.