Cementir Holding Balance Sheet Health
Financial Health criteria checks 6/6
Cementir Holding has a total shareholder equity of €1.5B and total debt of €210.7M, which brings its debt-to-equity ratio to 14.1%. Its total assets and total liabilities are €2.4B and €909.6M respectively. Cementir Holding's EBIT is €267.4M making its interest coverage ratio 19.5. It has cash and short-term investments of €245.5M.
Key information
14.1%
Debt to equity ratio
€210.66m
Debt
Interest coverage ratio | 19.5x |
Cash | €245.51m |
Equity | €1.49b |
Total liabilities | €909.60m |
Total assets | €2.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CEMM's short term assets (€819.1M) exceed its short term liabilities (€500.3M).
Long Term Liabilities: CEMM's short term assets (€819.1M) exceed its long term liabilities (€409.3M).
Debt to Equity History and Analysis
Debt Level: CEMM has more cash than its total debt.
Reducing Debt: CEMM's debt to equity ratio has reduced from 59.1% to 14.1% over the past 5 years.
Debt Coverage: CEMM's debt is well covered by operating cash flow (133.9%).
Interest Coverage: CEMM's interest payments on its debt are well covered by EBIT (19.5x coverage).