Telenet Group Holding Balance Sheet Health
Financial Health criteria checks 0/6
Telenet Group Holding has a total shareholder equity of €-624.7M and total debt of €5.6B, which brings its debt-to-equity ratio to -893.1%. Its total assets and total liabilities are €7.4B and €8.0B respectively. Telenet Group Holding's EBIT is €544.0M making its interest coverage ratio 2.4. It has cash and short-term investments of €1.0B.
Key information
-893.1%
Debt to equity ratio
€5.58b
Debt
Interest coverage ratio | 2.4x |
Cash | €1.02b |
Equity | -€624.70m |
Total liabilities | €8.04b |
Total assets | €7.42b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TNET has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TNET has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: TNET has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TNET's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: TNET's debt is not well covered by operating cash flow (18.9%).
Interest Coverage: TNET's interest payments on its debt are not well covered by EBIT (2.4x coverage).