EuroTeleSites Balance Sheet Health
Financial Health criteria checks 1/6
EuroTeleSites has a total shareholder equity of €234.1M and total debt of €994.9M, which brings its debt-to-equity ratio to 425%. Its total assets and total liabilities are €2.0B and €1.7B respectively. EuroTeleSites's EBIT is €121.8M making its interest coverage ratio 1.5. It has cash and short-term investments of €21.0M.
Key information
425.0%
Debt to equity ratio
€994.90m
Debt
Interest coverage ratio | 1.5x |
Cash | €21.03m |
Equity | €234.07m |
Total liabilities | €1.73b |
Total assets | €1.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ETS's short term assets (€56.2M) do not cover its short term liabilities (€120.2M).
Long Term Liabilities: ETS's short term assets (€56.2M) do not cover its long term liabilities (€1.6B).
Debt to Equity History and Analysis
Debt Level: ETS's net debt to equity ratio (416.1%) is considered high.
Reducing Debt: Insufficient data to determine if ETS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ETS's debt is well covered by operating cash flow (20.8%).
Interest Coverage: ETS's interest payments on its debt are not well covered by EBIT (1.5x coverage).