S.C. Condmag Balance Sheet Health
Financial Health criteria checks 2/6
S.C. Condmag has a total shareholder equity of RON-6.3M and total debt of RON3.9M, which brings its debt-to-equity ratio to -61.1%. Its total assets and total liabilities are RON15.2M and RON21.5M respectively.
Key information
-61.1%
Debt to equity ratio
RON 3.86m
Debt
| Interest coverage ratio | n/a |
| Cash | RON 3.99m |
| Equity | -RON 6.32m |
| Total liabilities | RON 21.49m |
| Total assets | RON 15.17m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: COMI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: COMI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: COMI has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: COMI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable COMI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: COMI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 46.7% per year.