Cofle Balance Sheet Health
Financial Health criteria checks 4/6
Cofle has a total shareholder equity of €29.2M and total debt of €23.3M, which brings its debt-to-equity ratio to 79.7%. Its total assets and total liabilities are €66.8M and €37.6M respectively. Cofle's EBIT is €6.7M making its interest coverage ratio 0.8. It has cash and short-term investments of €18.2M.
Key information
79.7%
Debt to equity ratio
€23.26m
Debt
| Interest coverage ratio | 0.8x |
| Cash | €18.18m |
| Equity | €29.18m |
| Total liabilities | €37.64m |
| Total assets | €66.82m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CFL's short term assets (€49.6M) exceed its short term liabilities (€27.0M).
Long Term Liabilities: CFL's short term assets (€49.6M) exceed its long term liabilities (€10.6M).
Debt to Equity History and Analysis
Debt Level: CFL's net debt to equity ratio (17.4%) 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 well covered by operating cash flow (21.2%).
Interest Coverage: CFL's interest payments on its debt are not well covered by EBIT (0.8x coverage).