Comer Industries Balance Sheet Health
Financial Health criteria checks 6/6
Comer Industries has a total shareholder equity of €516.7M and total debt of €138.2M, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are €1.2B and €668.8M respectively. Comer Industries's EBIT is €117.0M making its interest coverage ratio 13. It has cash and short-term investments of €77.6M.
Key information
26.8%
Debt to equity ratio
€138.23m
Debt
| Interest coverage ratio | 13x |
| Cash | €77.64m |
| Equity | €516.72m |
| Total liabilities | €668.81m |
| Total assets | €1.19b |
Recent financial health updates
Comer Industries (BIT:COM) Has A Pretty Healthy Balance Sheet
Oct 31
We Think Comer Industries (BIT:COM) Can Stay On Top Of Its Debt
May 10Does Comer Industries (BIT:COM) Have A Healthy Balance Sheet?
May 27Recent updates
Calculating The Intrinsic Value Of Comer Industries S.p.A. (BIT:COM)
Jul 18Investors Don't See Light At End Of Comer Industries S.p.A.'s (BIT:COM) Tunnel
Jun 01Comer Industries S.p.A.'s (BIT:COM) Intrinsic Value Is Potentially 28% Above Its Share Price
Mar 03With EPS Growth And More, Comer Industries (BIT:COM) Makes An Interesting Case
Dec 12A Look At The Intrinsic Value Of Comer Industries S.p.A. (BIT:COM)
Nov 21Comer Industries (BIT:COM) Has A Pretty Healthy Balance Sheet
Oct 31We Think Comer Industries (BIT:COM) Can Stay On Top Of Its Debt
May 10Calculating The Intrinsic Value Of Comer Industries S.p.A. (BIT:COM)
Apr 10What Does Comer Industries S.p.A.'s (BIT:COM) Share Price Indicate?
Jul 27Growth Investors: Industry Analysts Just Upgraded Their Comer Industries S.p.A. (BIT:COM) Revenue Forecasts By 50%
Feb 26Is Comer Industries S.p.A. (BIT:COM) Trading At A 23% Discount?
Dec 05New Forecasts: Here's What Analysts Think The Future Holds For Comer Industries S.p.A. (BIT:COM)
Jul 21Investors Will Want Comer Industries' (BIT:COM) Growth In ROCE To Persist
Jun 13Does Comer Industries (BIT:COM) Have A Healthy Balance Sheet?
May 27Why Comer Industries S.p.A. (BIT:COM) Is A Top Dividend Stock
Apr 18We Think Comer Industries' (BIT:COM) Healthy Earnings Might Be Conservative
Mar 31Returns On Capital - An Important Metric For Comer Industries (BIT:COM)
Feb 25Should Comer Industries S.p.A. (BIT:COM) Be Part Of Your Dividend Portfolio?
Jan 12Is Comer Industries S.p.A.'s (BIT:COM) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Dec 08
Financial Position Analysis
Short Term Liabilities: COM's short term assets (€528.6M) exceed its short term liabilities (€387.4M).
Long Term Liabilities: COM's short term assets (€528.6M) exceed its long term liabilities (€281.5M).
Debt to Equity History and Analysis
Debt Level: COM's net debt to equity ratio (11.7%) is considered satisfactory.
Reducing Debt: COM's debt to equity ratio has reduced from 44.8% to 26.8% over the past 5 years.
Debt Coverage: COM's debt is well covered by operating cash flow (112.1%).
Interest Coverage: COM's interest payments on its debt are well covered by EBIT (13x coverage).