Contel Technology Financial Health
How is Contel Technology's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 1912's short term assets ($47.4M) exceed its short term liabilities ($22.3M).
Long Term Liabilities: 1912's short term assets ($47.4M) exceed its long term liabilities ($198.0K).
Debt to Equity History and Analysis
Debt Level: 1912's net debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: 1912's debt to equity ratio has reduced from 38.3% to 15.8% over the past 5 years.
Debt Coverage: 1912's debt is well covered by operating cash flow (74.9%).
Interest Coverage: 1912's interest payments on its debt are not well covered by EBIT (2.4x coverage).