Corticeira Amorim S.G.P.S Balance Sheet Health
Financial Health criteria checks 5/6
Corticeira Amorim S.G.P.S has a total shareholder equity of €816.5M and total debt of €236.7M, which brings its debt-to-equity ratio to 29%. Its total assets and total liabilities are €1.1B and €295.1M respectively. Corticeira Amorim S.G.P.S's EBIT is €120.2M making its interest coverage ratio 12.8. It has cash and short-term investments of €64.0M.
Key information
29.0%
Debt to equity ratio
€236.70m
Debt
Interest coverage ratio | 12.8x |
Cash | €64.04m |
Equity | €816.50m |
Total liabilities | €295.10m |
Total assets | €1.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CORU's short term assets (€579.5M) exceed its short term liabilities (€23.3M).
Long Term Liabilities: CORU's short term assets (€579.5M) exceed its long term liabilities (€271.8M).
Debt to Equity History and Analysis
Debt Level: CORU's net debt to equity ratio (21.1%) is considered satisfactory.
Reducing Debt: CORU's debt to equity ratio has reduced from 30.5% to 29% over the past 5 years.
Debt Coverage: CORU's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: CORU's interest payments on its debt are well covered by EBIT (12.8x coverage).