S.C. Conted Balance Sheet Health
Financial Health criteria checks 4/6
S.C. Conted has a total shareholder equity of RON10.9M and total debt of RON2.4M, which brings its debt-to-equity ratio to 22.5%. Its total assets and total liabilities are RON22.3M and RON11.4M respectively. S.C. Conted's EBIT is RON2.2M making its interest coverage ratio 3.5. It has cash and short-term investments of RON1.6M.
Key information
22.5%
Debt to equity ratio
RON2.44m
Debt
Interest coverage ratio | 3.5x |
Cash | RON1.57m |
Equity | RON10.85m |
Total liabilities | RON11.41m |
Total assets | RON22.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNTE's short term assets (RON16.4M) exceed its short term liabilities (RON8.7M).
Long Term Liabilities: CNTE's short term assets (RON16.4M) exceed its long term liabilities (RON2.7M).
Debt to Equity History and Analysis
Debt Level: CNTE's net debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: CNTE's debt to equity ratio has increased from 0% to 22.5% over the past 5 years.
Debt Coverage: CNTE's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: CNTE's interest payments on its debt are well covered by EBIT (3.5x coverage).