Coheris Balance Sheet Health
Financial Health criteria checks 5/6
Coheris has a total shareholder equity of €18.9M and total debt of €1.7M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are €41.4M and €22.5M respectively. Coheris's EBIT is €3.0M making its interest coverage ratio -7.8. It has cash and short-term investments of €1.2M.
Key information
8.7%
Debt to equity ratio
€1.65m
Debt
| Interest coverage ratio | -7.8x |
| Cash | €1.22m |
| Equity | €18.90m |
| Total liabilities | €22.53m |
| Total assets | €41.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0OK9's short term assets (€25.6M) exceed its short term liabilities (€17.7M).
Long Term Liabilities: 0OK9's short term assets (€25.6M) exceed its long term liabilities (€4.8M).
Debt to Equity History and Analysis
Debt Level: 0OK9's net debt to equity ratio (2.3%) is considered satisfactory.
Reducing Debt: 0OK9's debt to equity ratio has increased from 5.3% to 8.7% over the past 5 years.
Debt Coverage: 0OK9's debt is well covered by operating cash flow (457.1%).
Interest Coverage: 0OK9 earns more interest than it pays, so coverage of interest payments is not a concern.