Comvex Balance Sheet Health
Financial Health criteria checks 6/6
Comvex has a total shareholder equity of RON424.0M and total debt of RON115.1M, which brings its debt-to-equity ratio to 27.2%. Its total assets and total liabilities are RON624.2M and RON200.2M respectively. Comvex's EBIT is RON225.6M making its interest coverage ratio 55.7. It has cash and short-term investments of RON107.9M.
Key information
27.2%
Debt to equity ratio
RON115.15m
Debt
| Interest coverage ratio | 55.7x |
| Cash | RON107.91m |
| Equity | RON423.97m |
| Total liabilities | RON200.20m |
| Total assets | RON624.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CMVX's short term assets (RON201.3M) exceed its short term liabilities (RON91.0M).
Long Term Liabilities: CMVX's short term assets (RON201.3M) exceed its long term liabilities (RON109.2M).
Debt to Equity History and Analysis
Debt Level: CMVX's net debt to equity ratio (1.7%) is considered satisfactory.
Reducing Debt: CMVX's debt to equity ratio has reduced from 73.9% to 27.2% over the past 5 years.
Debt Coverage: CMVX's debt is well covered by operating cash flow (175.7%).
Interest Coverage: CMVX's interest payments on its debt are well covered by EBIT (55.7x coverage).