Cofina SGPS Balance Sheet Health

Financial Health criteria checks 6/6

Cofina SGPS has a total shareholder equity of €54.9M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €68.3M and €13.4M respectively.

Key information

Debt to equity ratio

€0

Debt

Interest coverage ratio	n/a
Cash	€64.55m
Equity	€54.91m
Total liabilities	€13.41m
Total assets	€68.32m

Recent financial health updates

Does Cofina SGPS (ELI:CFN) Have A Healthy Balance Sheet?

Jun 07

Recent updates

Are Cofina SGPS's (ELI:CFN) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Nov 17

Financial Position Analysis

Short Term Liabilities: CFN's short term assets (€68.3M) exceed its short term liabilities (€13.4M).

Long Term Liabilities: CFN has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: CFN is debt free.

Reducing Debt: CFN has no debt compared to 5 years ago when its debt to equity ratio was 121.8%.

Debt Coverage: CFN has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CFN has no debt, therefore coverage of interest payments is not a concern.

Cofina SGPS Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Does Cofina SGPS (ELI:CFN) Have A Healthy Balance Sheet?

Recent updates

New minor risk - Financial data availability

Price target increased by 7.8% to €0.55

Less than half of directors are independent

First half 2023 earnings released: EPS: €0.022 (vs €0.032 in 1H 2022)

First half 2023 earnings released

New major risk - Revenue and earnings growth

Consensus EPS estimates increase by 17%, revenue downgraded

Calculating The Fair Value Of Cofina, SGPS, S.A. (ELI:CFN)

Price target increased by 73% to €0.51

Here's Why Cofina SGPS (ELI:CFN) Has Caught The Eye Of Investors

Upcoming dividend of €0.03 per share at 10% yield

Full year 2022 earnings released

Cofina, SGPS, S.A. to Report Fiscal Year 2022 Results on Mar 23, 2023

Price target increased to €0.30

Less than half of directors are independent

Consensus forecasts updated

Price target increased to €0.30

First half 2022 earnings released: EPS: €0.032 (vs €0.019 in 1H 2021)

First half 2022 earnings released

Consensus forecasts updated

Less than half of directors are independent

Full year 2021 earnings: Revenues exceed analyst expectations

Is It Too Late To Consider Buying Cofina, SGPS, S.A. (ELI:CFN)?

Cofina, SGPS, S.A. to Report Fiscal Year 2021 Results on Mar 17, 2022

First half 2021 earnings released: EPS €0.019 (vs €0.012 loss in 1H 2020)

First half 2021 earnings released

Does Cofina SGPS (ELI:CFN) Have A Healthy Balance Sheet?

Full year 2020 earnings released

Calculating The Intrinsic Value Of Cofina, SGPS, S.A. (ELI:CFN)

Analysts lower EPS estimates to €0.01

Cofina, SGPS, S.A. to Report Fiscal Year 2020 Results on Mar 18, 2021

What Does Cofina, SGPS, S.A.'s (ELI:CFN) Share Price Indicate?

New 90-day high: €0.26

What Did Cofina SGPS' (ELI:CFN) CEO Take Home Last Year?

New 90-day high: €0.24

Are Cofina SGPS's (ELI:CFN) Statutory Earnings A Good Reflection Of Its Earnings Potential?

First half earnings released

Cofina, SGPS, S.A. (ENXTLS:CFN) made a takeover offer to acquire 5.31% stake in Grupo Media Capital, SGPS, S.A. (ENXTLS:MCP) for €10.5 million.

New 90-day low: €0.20

Cofina, SGPS, S.A. (ENXTLS:CFN) offered to acquire Grupo Media Capital, SGPS, S.A. (ENXTLS:MCP) from Vertix SGPS, S.A., Pluris Investments, SA, ABANCA Corporación Bancaria, S.A. and others for €35.1 million.

First half earnings released

Analysts lower EPS estimates to €0.057

New 90-day low - €0.21

New 90-day low - €0.23

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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