EuroTeleSites Balance Sheet Health
Financial Health criteria checks 1/6
EuroTeleSites has a total shareholder equity of €248.8M and total debt of €965.5M, which brings its debt-to-equity ratio to 388.1%. Its total assets and total liabilities are €1.9B and €1.7B respectively. EuroTeleSites's EBIT is €181.0M making its interest coverage ratio 1.7. It has cash and short-term investments of €17.5M.
Key information
388.1%
Debt to equity ratio
€965.46m
Debt
| Interest coverage ratio | 1.7x |
| Cash | €17.46m |
| Equity | €248.75m |
| Total liabilities | €1.69b |
| Total assets | €1.94b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ETS's short term assets (€55.1M) do not cover its short term liabilities (€133.8M).
Long Term Liabilities: ETS's short term assets (€55.1M) do not cover its long term liabilities (€1.6B).
Debt to Equity History and Analysis
Debt Level: ETS's net debt to equity ratio (381.1%) 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 (21.4%).
Interest Coverage: ETS's interest payments on its debt are not well covered by EBIT (1.7x coverage).