cBrain Balance Sheet Health
Financial Health criteria checks 5/6
cBrain has a total shareholder equity of DKK255.5M and total debt of DKK49.8M, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are DKK371.8M and DKK116.3M respectively. cBrain's EBIT is DKK80.9M making its interest coverage ratio 26. It has cash and short-term investments of DKK1.7M.
Key information
19.5%
Debt to equity ratio
DKK 49.79m
Debt
| Interest coverage ratio | 26x |
| Cash | DKK 1.73m |
| Equity | DKK 255.50m |
| Total liabilities | DKK 116.30m |
| Total assets | DKK 371.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0DWV's short term assets (DKK95.7M) exceed its short term liabilities (DKK56.3M).
Long Term Liabilities: 0DWV's short term assets (DKK95.7M) exceed its long term liabilities (DKK60.0M).
Debt to Equity History and Analysis
Debt Level: 0DWV's net debt to equity ratio (18.8%) is considered satisfactory.
Reducing Debt: 0DWV's debt to equity ratio has increased from 0% to 19.5% over the past 5 years.
Debt Coverage: 0DWV's debt is well covered by operating cash flow (156.3%).
Interest Coverage: 0DWV's interest payments on its debt are well covered by EBIT (26x coverage).