Copernico Sim Balance Sheet Health
Financial Health criteria checks 6/6
Copernico Sim has a total shareholder equity of €4.6M and total debt of €291.0K, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are €7.8M and €3.1M respectively. Copernico Sim's EBIT is €141.2K making its interest coverage ratio 13.9. It has cash and short-term investments of €1.7M.
Key information
6.3%
Debt to equity ratio
€291.00k
Debt
Interest coverage ratio | 13.9x |
Cash | €1.71m |
Equity | €4.63m |
Total liabilities | €3.14m |
Total assets | €7.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COP's short term assets (€4.3M) exceed its short term liabilities (€98.5K).
Long Term Liabilities: COP's short term assets (€4.3M) exceed its long term liabilities (€3.0M).
Debt to Equity History and Analysis
Debt Level: COP has more cash than its total debt.
Reducing Debt: COP's debt to equity ratio has reduced from 18.5% to 6.3% over the past 5 years.
Debt Coverage: COP's debt is well covered by operating cash flow (222.1%).
Interest Coverage: COP's interest payments on its debt are well covered by EBIT (13.9x coverage).