Centric Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Centric Holdings has a total shareholder equity of €35.2M and total debt of €7.6M, which brings its debt-to-equity ratio to 21.6%. Its total assets and total liabilities are €46.0M and €10.8M respectively.
Key information
21.6%
Debt to equity ratio
€7.59m
Debt
Interest coverage ratio | n/a |
Cash | €6.74m |
Equity | €35.17m |
Total liabilities | €10.79m |
Total assets | €45.96m |
Financial Position Analysis
Short Term Liabilities: CENTR's short term assets (€26.1M) exceed its short term liabilities (€2.3M).
Long Term Liabilities: CENTR's short term assets (€26.1M) exceed its long term liabilities (€8.5M).
Debt to Equity History and Analysis
Debt Level: CENTR's net debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: CENTR's debt to equity ratio has increased from 3.7% to 21.6% over the past 5 years.
Debt Coverage: CENTR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CENTR's interest payments on its debt are well covered by EBIT.