Comet Holding Balance Sheet Health
Financial Health criteria checks 6/6
Comet Holding has a total shareholder equity of CHF296.1M and total debt of CHF59.8M, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are CHF473.6M and CHF177.5M respectively. Comet Holding's EBIT is CHF25.0M making its interest coverage ratio 42.9. It has cash and short-term investments of CHF86.7M.
Key information
20.2%
Debt to equity ratio
CHF59.77m
Debt
Interest coverage ratio | 42.9x |
Cash | CHF86.71m |
Equity | CHF296.09m |
Total liabilities | CHF177.49m |
Total assets | CHF473.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0ROQ's short term assets (CHF265.0M) exceed its short term liabilities (CHF77.9M).
Long Term Liabilities: 0ROQ's short term assets (CHF265.0M) exceed its long term liabilities (CHF99.6M).
Debt to Equity History and Analysis
Debt Level: 0ROQ has more cash than its total debt.
Reducing Debt: 0ROQ's debt to equity ratio has reduced from 34.2% to 20.2% over the past 5 years.
Debt Coverage: 0ROQ's debt is well covered by operating cash flow (37.2%).
Interest Coverage: 0ROQ's interest payments on its debt are well covered by EBIT (42.9x coverage).