Comal Balance Sheet Health

Financial Health criteria checks 3/6

Comal has a total shareholder equity of €24.1M and total debt of €58.6M, which brings its debt-to-equity ratio to 242.8%. Its total assets and total liabilities are €307.2M and €283.0M respectively. Comal's EBIT is €13.9M making its interest coverage ratio 5.1. It has cash and short-term investments of €17.6M.

Key information

242.8%

Debt to equity ratio

€58.58m

Debt

Interest coverage ratio5.1x
Cash€17.57m
Equity€24.13m
Total liabilities€283.03m
Total assets€307.16m

Recent financial health updates

No updates

Recent updates

Insufficient Growth At Comal S.p.A. (BIT:CML) Hampers Share Price

Dec 10
Insufficient Growth At Comal S.p.A. (BIT:CML) Hampers Share Price

We Think You Should Be Aware Of Some Concerning Factors In Comal's (BIT:CML) Earnings

Apr 20
We Think You Should Be Aware Of Some Concerning Factors In Comal's (BIT:CML) Earnings

Comal (BIT:CML) Shareholders Will Want The ROCE Trajectory To Continue

Sep 28
Comal (BIT:CML) Shareholders Will Want The ROCE Trajectory To Continue

There's Been No Shortage Of Growth Recently For Comal's (BIT:CML) Returns On Capital

Feb 14
There's Been No Shortage Of Growth Recently For Comal's (BIT:CML) Returns On Capital

Comal (BIT:CML) Might Have The Makings Of A Multi-Bagger

Feb 09
Comal (BIT:CML) Might Have The Makings Of A Multi-Bagger

Robust Earnings May Not Tell The Whole Story For Comal (BIT:CML)

Sep 27
Robust Earnings May Not Tell The Whole Story For Comal (BIT:CML)

Financial Position Analysis

Short Term Liabilities: CML's short term assets (€291.4M) exceed its short term liabilities (€266.0M).

Long Term Liabilities: CML's short term assets (€291.4M) exceed its long term liabilities (€17.1M).


Debt to Equity History and Analysis

Debt Level: CML's net debt to equity ratio (170%) is considered high.

Reducing Debt: CML's debt to equity ratio has increased from 125.7% to 242.8% 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 (5.1x coverage).


Balance Sheet


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