Ctac Balance Sheet Health
Financial Health criteria checks 4/6
Ctac has a total shareholder equity of €28.5M and total debt of €1.4M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are €71.3M and €42.8M respectively. Ctac's EBIT is €4.7M making its interest coverage ratio 10. It has cash and short-term investments of €8.3M.
Key information
4.7%
Debt to equity ratio
€1.35m
Debt
Interest coverage ratio | 10x |
Cash | €8.31m |
Equity | €28.51m |
Total liabilities | €42.79m |
Total assets | €71.31m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 0E2F's short term assets (€33.1M) do not cover its short term liabilities (€34.3M).
Long Term Liabilities: 0E2F's short term assets (€33.1M) exceed its long term liabilities (€8.4M).
Debt to Equity History and Analysis
Debt Level: 0E2F has more cash than its total debt.
Reducing Debt: 0E2F's debt to equity ratio has increased from 3.4% to 4.7% over the past 5 years.
Debt Coverage: 0E2F's debt is well covered by operating cash flow (791.9%).
Interest Coverage: 0E2F's interest payments on its debt are well covered by EBIT (10x coverage).