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 ratio5.6x
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).


Balance Sheet


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