Cegedim Balance Sheet Health
Financial Health criteria checks 4/6
Cegedim has a total shareholder equity of €294.6M and total debt of €191.6M, which brings its debt-to-equity ratio to 65%. Its total assets and total liabilities are €924.1M and €629.5M respectively. Cegedim's EBIT is €29.9M making its interest coverage ratio 2.7. It has cash and short-term investments of €46.6M.
Key information
65.0%
Debt to equity ratio
€191.55m
Debt
Interest coverage ratio | 2.7x |
Cash | €46.61m |
Equity | €294.56m |
Total liabilities | €629.51m |
Total assets | €924.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0DYQ's short term assets (€329.1M) exceed its short term liabilities (€323.1M).
Long Term Liabilities: 0DYQ's short term assets (€329.1M) exceed its long term liabilities (€306.4M).
Debt to Equity History and Analysis
Debt Level: 0DYQ's net debt to equity ratio (49.2%) is considered high.
Reducing Debt: 0DYQ's debt to equity ratio has reduced from 95.5% to 65% over the past 5 years.
Debt Coverage: 0DYQ's debt is well covered by operating cash flow (51.1%).
Interest Coverage: 0DYQ's interest payments on its debt are not well covered by EBIT (2.7x coverage).