Corbion Balance Sheet Health
Financial Health criteria checks 4/6
Corbion has a total shareholder equity of €757.8M and total debt of €443.3M, which brings its debt-to-equity ratio to 58.5%. Its total assets and total liabilities are €1.6B and €834.4M respectively. Corbion's EBIT is €115.6M making its interest coverage ratio 5.6. It has cash and short-term investments of €54.8M.
Key information
58.5%
Debt to equity ratio
€443.30m
Debt
| Interest coverage ratio | 5.6x |
| Cash | €54.80m |
| Equity | €757.80m |
| Total liabilities | €834.40m |
| Total assets | €1.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRBNA's short term assets (€565.7M) exceed its short term liabilities (€372.7M).
Long Term Liabilities: CRBNA's short term assets (€565.7M) exceed its long term liabilities (€461.7M).
Debt to Equity History and Analysis
Debt Level: CRBNA's net debt to equity ratio (51.3%) is considered high.
Reducing Debt: CRBNA's debt to equity ratio has increased from 58.3% to 58.5% over the past 5 years.
Debt Coverage: CRBNA's debt is well covered by operating cash flow (38.5%).
Interest Coverage: CRBNA's interest payments on its debt are well covered by EBIT (5.6x coverage).