Ctac Balance Sheet Health
Financial Health criteria checks 5/6
Ctac has a total shareholder equity of €28.2M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €67.6M and €39.4M respectively. Ctac's EBIT is €4.0M making its interest coverage ratio 9.2. It has cash and short-term investments of €2.4M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | 9.2x |
| Cash | €2.36m |
| Equity | €28.17m |
| Total liabilities | €39.39m |
| Total assets | €67.56m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 0E2F's short term assets (€29.9M) do not cover its short term liabilities (€31.2M).
Long Term Liabilities: 0E2F's short term assets (€29.9M) exceed its long term liabilities (€8.2M).
Debt to Equity History and Analysis
Debt Level: 0E2F is debt free.
Reducing Debt: 0E2F has no debt compared to 5 years ago when its debt to equity ratio was 15.9%.
Debt Coverage: 0E2F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 0E2F has no debt, therefore coverage of interest payments is not a concern.