CoinShares International Balance Sheet Health
Financial Health criteria checks 3/6
CoinShares International has a total shareholder equity of £273.4M and total debt of £93.1M, which brings its debt-to-equity ratio to 34.1%. Its total assets and total liabilities are £4.2B and £4.0B respectively. CoinShares International's EBIT is £380.8M making its interest coverage ratio -165. It has cash and short-term investments of £40.0M.
Key information
34.1%
Debt to equity ratio
UK£93.14m
Debt
Interest coverage ratio | -165x |
Cash | UK£40.05m |
Equity | UK£273.42m |
Total liabilities | UK£3.97b |
Total assets | UK£4.24b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CS's short term assets (£4.2B) exceed its short term liabilities (£3.9B).
Long Term Liabilities: CS's short term assets (£4.2B) exceed its long term liabilities (£24.0M).
Debt to Equity History and Analysis
Debt Level: CS's net debt to equity ratio (19.4%) is considered satisfactory.
Reducing Debt: CS's debt to equity ratio has increased from 0.8% to 34.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.