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 RON5.2M making its interest coverage ratio -14.1. 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	-14.1x
Cash	RON 9.48m
Equity	RON 125.43k
Total liabilities	RON 20.71m
Total assets	RON 20.84m

Recent financial health updates

No updates

Recent updates

S.C. Condmag S.A.'s (BVB:COMI) Low P/E No Reason For Excitement

May 28

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.

Balance Sheet

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/03 06:58
End of Day Share Price	2024/12/30 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

S.C. Condmag S.A. is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Cosmina Ivana	Alpha Finance Romania
Irina Cretu	Eurobank Equities Investment Firm S.A.
Florin Ilie	ING Groep NV