Corbion has a total shareholder equity of €757.8M and total debt of €443.3M, which brings its debt-to-equity ratio to 58.5%. Its total assets and total liabilities are €1.6B and €834.4M respectively. Corbion's EBIT is €115.6M making its interest coverage ratio 5.6. It has cash and short-term investments of €54.8M.
Key information
58.5%
Debt to equity ratio
€443.30m
Debt
Interest coverage ratio
5.6x
Cash
€54.80m
Equity
€757.80m
Total liabilities
€834.40m
Total assets
€1.59b
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CSNV.Y's short term assets (€565.7M) exceed its short term liabilities (€372.7M).
Long Term Liabilities: CSNV.Y's short term assets (€565.7M) exceed its long term liabilities (€461.7M).
Debt to Equity History and Analysis
Debt Level: CSNV.Y's net debt to equity ratio (51.3%) is considered high.
Reducing Debt: CSNV.Y's debt to equity ratio has increased from 58.3% to 58.5% over the past 5 years.
Debt Coverage: CSNV.Y's debt is well covered by operating cash flow (38.5%).
Interest Coverage: CSNV.Y's interest payments on its debt are well covered by EBIT (5.6x coverage).