Civitanavi Systems Balance Sheet Health
Financial Health criteria checks 6/6
Civitanavi Systems has a total shareholder equity of €51.8M and total debt of €6.4M, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are €96.2M and €44.5M respectively. Civitanavi Systems's EBIT is €6.2M making its interest coverage ratio -169.5. It has cash and short-term investments of €28.4M.
Key information
12.3%
Debt to equity ratio
€6.37m
Debt
Interest coverage ratio | -169.5x |
Cash | €28.36m |
Equity | €51.75m |
Total liabilities | €44.46m |
Total assets | €96.21m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CNS's short term assets (€77.8M) exceed its short term liabilities (€37.7M).
Long Term Liabilities: CNS's short term assets (€77.8M) exceed its long term liabilities (€6.7M).
Debt to Equity History and Analysis
Debt Level: CNS has more cash than its total debt.
Reducing Debt: CNS's debt to equity ratio has reduced from 157.3% to 12.3% over the past 5 years.
Debt Coverage: CNS's debt is well covered by operating cash flow (165.3%).
Interest Coverage: CNS earns more interest than it pays, so coverage of interest payments is not a concern.