COIMA RES. SIIQ Balance Sheet Health
Financial Health criteria checks 3/6
COIMA RES. SIIQ has a total shareholder equity of €530.0M and total debt of €345.9M, which brings its debt-to-equity ratio to 65.3%. Its total assets and total liabilities are €905.6M and €375.6M respectively. COIMA RES. SIIQ's EBIT is €23.4M making its interest coverage ratio 3.1. It has cash and short-term investments of €70.7M.
Key information
65.3%
Debt to equity ratio
€345.95m
Debt
| Interest coverage ratio | 3.1x |
| Cash | €70.72m |
| Equity | €529.96m |
| Total liabilities | €375.63m |
| Total assets | €905.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRESM's short term assets (€91.7M) exceed its short term liabilities (€15.5M).
Long Term Liabilities: CRESM's short term assets (€91.7M) do not cover its long term liabilities (€360.2M).
Debt to Equity History and Analysis
Debt Level: CRESM's net debt to equity ratio (51.9%) is considered high.
Reducing Debt: CRESM's debt to equity ratio has reduced from 79% to 65.3% over the past 5 years.
Debt Coverage: CRESM's debt is not well covered by operating cash flow (5.5%).
Interest Coverage: CRESM's interest payments on its debt are well covered by EBIT (3.1x coverage).