cBrain Balance Sheet Health
Financial Health criteria checks 3/6
cBrain has a total shareholder equity of DKK169.5M and total debt of DKK98.6M, which brings its debt-to-equity ratio to 58.2%. Its total assets and total liabilities are DKK322.7M and DKK153.2M respectively. cBrain's EBIT is DKK49.4M making its interest coverage ratio 63.5. It has cash and short-term investments of DKK2.2M.
Key information
58.2%
Debt to equity ratio
DKK 98.58m
Debt
| Interest coverage ratio | 63.5x |
| Cash | DKK 2.23m |
| Equity | DKK 169.50m |
| Total liabilities | DKK 153.19m |
| Total assets | DKK 322.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CBRAIC's short term assets (DKK52.0M) exceed its short term liabilities (DKK50.7M).
Long Term Liabilities: CBRAIC's short term assets (DKK52.0M) do not cover its long term liabilities (DKK102.5M).
Debt to Equity History and Analysis
Debt Level: CBRAIC's net debt to equity ratio (56.8%) is considered high.
Reducing Debt: CBRAIC's debt to equity ratio has increased from 0% to 58.2% over the past 5 years.
Debt Coverage: CBRAIC's debt is well covered by operating cash flow (63.2%).
Interest Coverage: CBRAIC's interest payments on its debt are well covered by EBIT (63.5x coverage).