Circle Balance Sheet Health
Financial Health criteria checks 5/6
Circle has a total shareholder equity of €10.0M and total debt of €425.6K, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are €15.9M and €6.0M respectively. Circle's EBIT is €2.0M making its interest coverage ratio 139.4. It has cash and short-term investments of €2.1M.
Key information
4.3%
Debt to equity ratio
€425.61k
Debt
| Interest coverage ratio | 139.4x |
| Cash | €2.08m |
| Equity | €9.96m |
| Total liabilities | €5.97m |
| Total assets | €15.93m |
Recent financial health updates
No updates
Recent updates
Circle (BIT:CIRC) Has More To Do To Multiply In Value Going Forward
Jun 11
Circle's (BIT:CIRC) Promising Earnings May Rest On Soft Foundations
Apr 05The Strong Earnings Posted By Circle (BIT:CIRC) Are A Good Indication Of The Strength Of The Business
Oct 05Here's Why We Think Circle (BIT:CIRC) Is Well Worth Watching
Feb 08Financial Position Analysis
Short Term Liabilities: CIRC's short term assets (€11.7M) exceed its short term liabilities (€4.5M).
Long Term Liabilities: CIRC's short term assets (€11.7M) exceed its long term liabilities (€1.4M).
Debt to Equity History and Analysis
Debt Level: CIRC has more cash than its total debt.
Reducing Debt: CIRC's debt to equity ratio has increased from 0.02% to 4.3% over the past 5 years.
Debt Coverage: CIRC's debt is well covered by operating cash flow (48.9%).
Interest Coverage: CIRC's interest payments on its debt are well covered by EBIT (139.4x coverage).