S.C. Condmag Balance Sheet Health
Financial Health criteria checks 4/6
S.C. Condmag has a total shareholder equity of RON125.4K and total debt of RON3.7M, which brings its debt-to-equity ratio to 2934.6%. Its total assets and total liabilities are RON20.8M and RON20.7M respectively. S.C. Condmag's EBIT is RON3.1M making its interest coverage ratio -11.7. It has cash and short-term investments of RON9.5M.
Key information
2,934.6%
Debt to equity ratio
RON 3.68m
Debt
| Interest coverage ratio | -11.7x |
| Cash | RON 9.48m |
| Equity | RON 125.43k |
| Total liabilities | RON 20.71m |
| Total assets | RON 20.84m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: COMI's short term assets (RON10.8M) do not cover its short term liabilities (RON20.7M).
Long Term Liabilities: COMI's short term assets (RON10.8M) do not cover its long term liabilities (RON-1.0).
Debt to Equity History and Analysis
Debt Level: COMI has more cash than its total debt.
Reducing Debt: COMI had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: COMI's debt is well covered by operating cash flow (102%).
Interest Coverage: COMI earns more interest than it pays, so coverage of interest payments is not a concern.