A2A Balance Sheet Health
Financial Health criteria checks 4/6
A2A has a total shareholder equity of €5.1B and total debt of €6.2B, which brings its debt-to-equity ratio to 121.3%. Its total assets and total liabilities are €18.0B and €12.9B respectively. A2A's EBIT is €1.1B making its interest coverage ratio 10.9. It has cash and short-term investments of €1.4B.
Key information
121.3%
Debt to equity ratio
€6.19b
Debt
Interest coverage ratio | 10.9x |
Cash | €1.41b |
Equity | €5.10b |
Total liabilities | €12.90b |
Total assets | €18.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A2A's short term assets (€7.0B) exceed its short term liabilities (€6.2B).
Long Term Liabilities: A2A's short term assets (€7.0B) exceed its long term liabilities (€6.7B).
Debt to Equity History and Analysis
Debt Level: A2A's net debt to equity ratio (93.7%) is considered high.
Reducing Debt: A2A's debt to equity ratio has increased from 102.1% to 121.3% over the past 5 years.
Debt Coverage: A2A's debt is well covered by operating cash flow (22.7%).
Interest Coverage: A2A's interest payments on its debt are well covered by EBIT (10.9x coverage).