SC Cemacon Balance Sheet Health
Financial Health criteria checks 6/6
SC Cemacon has a total shareholder equity of RON407.6M and total debt of RON82.5M, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are RON608.3M and RON200.6M respectively. SC Cemacon's EBIT is RON24.7M making its interest coverage ratio -13.5. It has cash and short-term investments of RON88.0M.
Key information
20.2%
Debt to equity ratio
RON82.48m
Debt
| Interest coverage ratio | -13.5x |
| Cash | RON88.04m |
| Equity | RON407.64m |
| Total liabilities | RON200.64m |
| Total assets | RON608.28m |
Recent financial health updates
Here's Why SC Cemacon (BVB:CEON) Can Manage Its Debt Responsibly
Mar 01
Does SC Cemacon (BVB:CEON) Have A Healthy Balance Sheet?
Nov 30Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For SC Cemacon (BVB:CEON)
Mar 12There's Been No Shortage Of Growth Recently For SC Cemacon's (BVB:CEON) Returns On Capital
Feb 25SC Cemacon (BVB:CEON) Is Looking To Continue Growing Its Returns On Capital
Nov 16SC Cemacon's (BVB:CEON) Returns On Capital Are Heading Higher
May 05Here's Why SC Cemacon (BVB:CEON) Can Manage Its Debt Responsibly
Mar 01Will The ROCE Trend At SC Cemacon (BVB:CEON) Continue?
Feb 02
Should You Rely On SC Cemacon's (BVB:CEON) Earnings Growth?
Jan 12SC Cemacon SA's (BVB:CEON) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
Dec 21Does SC Cemacon (BVB:CEON) Have A Healthy Balance Sheet?
Nov 30Financial Position Analysis
Short Term Liabilities: CEON's short term assets (RON192.2M) exceed its short term liabilities (RON81.1M).
Long Term Liabilities: CEON's short term assets (RON192.2M) exceed its long term liabilities (RON119.5M).
Debt to Equity History and Analysis
Debt Level: CEON has more cash than its total debt.
Reducing Debt: CEON's debt to equity ratio has reduced from 33.6% to 20.2% over the past 5 years.
Debt Coverage: CEON's debt is well covered by operating cash flow (51.2%).
Interest Coverage: CEON earns more interest than it pays, so coverage of interest payments is not a concern.