Kordellos Ch. Bros Balance Sheet Health
Financial Health criteria checks 3/6
Kordellos Ch. Bros has a total shareholder equity of €23.2M and total debt of €30.2M, which brings its debt-to-equity ratio to 130%. Its total assets and total liabilities are €63.0M and €39.8M respectively. Kordellos Ch. Bros's EBIT is €515.1K making its interest coverage ratio 0.4. It has cash and short-term investments of €4.3M.
Key information
130.0%
Debt to equity ratio
€30.20m
Debt
| Interest coverage ratio | 0.4x |
| Cash | €4.28m |
| Equity | €23.23m |
| Total liabilities | €39.79m |
| Total assets | €63.01m |
Recent financial health updates
Kordellos Ch. Bros (ATH:KORDE) Use Of Debt Could Be Considered Risky
Oct 10
Does Kordellos Ch. Bros (ATH:KORDE) Have A Healthy Balance Sheet?
May 08Recent updates
Be Wary Of Kordellos Ch. Bros (ATH:KORDE) And Its Returns On Capital
Dec 08Kordellos Ch. Bros (ATH:KORDE) Use Of Debt Could Be Considered Risky
Oct 10Kordellos Ch. Bros' (ATH:KORDE) Returns Have Hit A Wall
May 27Here's What To Make Of Kordellos Ch. Bros' (ATH:KORDE) Decelerating Rates Of Return
Feb 03Returns At Kordellos Ch. Bros (ATH:KORDE) Are On The Way Up
Jul 19Does Kordellos Ch. Bros (ATH:KORDE) Have A Healthy Balance Sheet?
May 08Returns At Kordellos Ch. Bros (ATH:KORDE) Are On The Way Up
Feb 15Kordellos Ch. Bros (ATH:KORDE) Has Some Way To Go To Become A Multi-Bagger
Aug 26Kordellos Ch. Bros (ATH:KORDE) Has Some Way To Go To Become A Multi-Bagger
May 09Financial Position Analysis
Short Term Liabilities: KORDE's short term assets (€43.8M) exceed its short term liabilities (€14.4M).
Long Term Liabilities: KORDE's short term assets (€43.8M) exceed its long term liabilities (€25.3M).
Debt to Equity History and Analysis
Debt Level: KORDE's net debt to equity ratio (111.6%) is considered high.
Reducing Debt: KORDE's debt to equity ratio has reduced from 164.9% to 130% over the past 5 years.
Debt Coverage: KORDE's debt is not well covered by operating cash flow (2.4%).
Interest Coverage: KORDE's interest payments on its debt are not well covered by EBIT (0.4x coverage).