Circle Balance Sheet Health
Financial Health criteria checks 5/6
Circle has a total shareholder equity of €14.6M and total debt of €324.0K, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are €21.8M and €7.3M respectively. Circle's EBIT is €1.8M making its interest coverage ratio 144.5. It has cash and short-term investments of €5.5M.
Key information
2.2%
Debt to equity ratio
€324.00k
Debt
| Interest coverage ratio | 144.5x |
| Cash | €5.48m |
| Equity | €14.58m |
| Total liabilities | €7.25m |
| Total assets | €21.83m |
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 (€17.5M) exceed its short term liabilities (€6.2M).
Long Term Liabilities: CIRC's short term assets (€17.5M) exceed its long term liabilities (€1.1M).
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 0.01% to 2.2% over the past 5 years.
Debt Coverage: CIRC's debt is well covered by operating cash flow (64.3%).
Interest Coverage: CIRC's interest payments on its debt are well covered by EBIT (144.5x coverage).