Allcore Balance Sheet Health
Financial Health criteria checks 5/6
Allcore has a total shareholder equity of €23.4M and total debt of €885.0K, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are €34.1M and €10.7M respectively. Allcore's EBIT is €2.5M making its interest coverage ratio 52.4. It has cash and short-term investments of €6.4M.
Key information
3.8%
Debt to equity ratio
€885.01k
Debt
| Interest coverage ratio | 52.4x |
| Cash | €6.45m |
| Equity | €23.42m |
| Total liabilities | €10.65m |
| Total assets | €34.07m |
Financial Position Analysis
Short Term Liabilities: CORE's short term assets (€18.3M) exceed its short term liabilities (€8.8M).
Long Term Liabilities: CORE's short term assets (€18.3M) exceed its long term liabilities (€1.9M).
Debt to Equity History and Analysis
Debt Level: CORE has more cash than its total debt.
Reducing Debt: Insufficient data to determine if CORE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CORE's debt is well covered by operating cash flow (58.9%).
Interest Coverage: CORE's interest payments on its debt are well covered by EBIT (52.4x coverage).