Cofle Balance Sheet Health
Financial Health criteria checks 3/6
Cofle has a total shareholder equity of €28.8M and total debt of €24.4M, which brings its debt-to-equity ratio to 84.5%. Its total assets and total liabilities are €66.9M and €38.0M respectively. Cofle's EBIT is €5.3M making its interest coverage ratio 0.5. It has cash and short-term investments of €14.0M.
Key information
84.5%
Debt to equity ratio
€24.37m
Debt
| Interest coverage ratio | 0.5x |
| Cash | €14.01m |
| Equity | €28.83m |
| Total liabilities | €38.05m |
| Total assets | €66.88m |
Financial Position Analysis
Short Term Liabilities: CFL's short term assets (€47.5M) exceed its short term liabilities (€28.5M).
Long Term Liabilities: CFL's short term assets (€47.5M) exceed its long term liabilities (€9.6M).
Debt to Equity History and Analysis
Debt Level: CFL's net debt to equity ratio (35.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if CFL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CFL's debt is not well covered by operating cash flow (2.4%).
Interest Coverage: CFL's interest payments on its debt are not well covered by EBIT (0.5x coverage).