Comal Balance Sheet Health
Financial Health criteria checks 3/6
Comal has a total shareholder equity of €19.8M and total debt of €47.8M, which brings its debt-to-equity ratio to 240.8%. Its total assets and total liabilities are €225.9M and €206.1M respectively. Comal's EBIT is €8.6M making its interest coverage ratio 4.6. It has cash and short-term investments of €17.6M.
Key information
240.8%
Debt to equity ratio
€47.76m
Debt
Interest coverage ratio | 4.6x |
Cash | €17.59m |
Equity | €19.84m |
Total liabilities | €206.11m |
Total assets | €225.94m |
Recent financial health updates
No updates
Recent updates
We Think You Should Be Aware Of Some Concerning Factors In Comal's (BIT:CML) Earnings
Apr 20Comal (BIT:CML) Shareholders Will Want The ROCE Trajectory To Continue
Sep 28There's Been No Shortage Of Growth Recently For Comal's (BIT:CML) Returns On Capital
Feb 14Comal (BIT:CML) Might Have The Makings Of A Multi-Bagger
Feb 09Robust Earnings May Not Tell The Whole Story For Comal (BIT:CML)
Sep 27Financial Position Analysis
Short Term Liabilities: CML's short term assets (€210.4M) exceed its short term liabilities (€95.8M).
Long Term Liabilities: CML's short term assets (€210.4M) exceed its long term liabilities (€110.4M).
Debt to Equity History and Analysis
Debt Level: CML's net debt to equity ratio (152.1%) is considered high.
Reducing Debt: CML's debt to equity ratio has increased from 109.1% to 240.8% over the past 5 years.
Debt Coverage: CML's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CML's interest payments on its debt are well covered by EBIT (4.6x coverage).