Conect Business Park Balance Sheet Health
Financial Health criteria checks 2/6
Conect Business Park has a total shareholder equity of RON81.5M and total debt of RON62.0M, which brings its debt-to-equity ratio to 76.1%. Its total assets and total liabilities are RON145.2M and RON63.7M respectively. Conect Business Park's EBIT is RON6.3M making its interest coverage ratio 1.2. It has cash and short-term investments of RON1.3M.
Key information
76.1%
Debt to equity ratio
RON 62.04m
Debt
Interest coverage ratio | 1.2x |
Cash | RON 1.34m |
Equity | RON 81.50m |
Total liabilities | RON 63.70m |
Total assets | RON 145.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COEC's short term assets (RON3.7M) do not cover its short term liabilities (RON63.4M).
Long Term Liabilities: COEC's short term assets (RON3.7M) exceed its long term liabilities (RON338.7K).
Debt to Equity History and Analysis
Debt Level: COEC's net debt to equity ratio (74.5%) is considered high.
Reducing Debt: COEC's debt to equity ratio has reduced from 143.3% to 76.1% over the past 5 years.
Debt Coverage: COEC's debt is not well covered by operating cash flow (6%).
Interest Coverage: COEC's interest payments on its debt are not well covered by EBIT (1.2x coverage).