Convenience Shop (Holding) Balance Sheet Health
Financial Health criteria checks 2/6
Convenience Shop (Holding) has a total shareholder equity of €9.6M and total debt of €16.0M, which brings its debt-to-equity ratio to 166.2%. Its total assets and total liabilities are €36.5M and €26.9M respectively. Convenience Shop (Holding)'s EBIT is €3.4M making its interest coverage ratio 3.7. It has cash and short-term investments of €2.9M.
Key information
166.2%
Debt to equity ratio
€15.98m
Debt
| Interest coverage ratio | 3.7x |
| Cash | €2.86m |
| Equity | €9.61m |
| Total liabilities | €26.93m |
| Total assets | €36.54m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CVS's short term assets (€10.1M) do not cover its short term liabilities (€11.0M).
Long Term Liabilities: CVS's short term assets (€10.1M) do not cover its long term liabilities (€16.0M).
Debt to Equity History and Analysis
Debt Level: CVS's net debt to equity ratio (136.5%) is considered high.
Reducing Debt: Insufficient data to determine if CVS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CVS's debt is well covered by operating cash flow (20.8%).
Interest Coverage: CVS's interest payments on its debt are well covered by EBIT (3.7x coverage).