Cicor Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Cicor Technologies has a total shareholder equity of CHF131.1M and total debt of CHF130.2M, which brings its debt-to-equity ratio to 99.3%. Its total assets and total liabilities are CHF418.0M and CHF286.9M respectively. Cicor Technologies's EBIT is CHF25.1M making its interest coverage ratio 61.1. It has cash and short-term investments of CHF50.5M.
Key information
99.3%
Debt to equity ratio
CHF 130.16m
Debt
| Interest coverage ratio | 61.1x |
| Cash | CHF 50.52m |
| Equity | CHF 131.06m |
| Total liabilities | CHF 286.94m |
| Total assets | CHF 417.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CICNZ's short term assets (CHF302.7M) exceed its short term liabilities (CHF162.6M).
Long Term Liabilities: CICNZ's short term assets (CHF302.7M) exceed its long term liabilities (CHF124.4M).
Debt to Equity History and Analysis
Debt Level: CICNZ's net debt to equity ratio (60.8%) is considered high.
Reducing Debt: CICNZ's debt to equity ratio has increased from 73.1% to 99.3% over the past 5 years.
Debt Coverage: CICNZ's debt is well covered by operating cash flow (41.8%).
Interest Coverage: CICNZ's interest payments on its debt are well covered by EBIT (61.1x coverage).