Etex Balance Sheet Health
Financial Health criteria checks 3/6
Etex has a total shareholder equity of €2.0B and total debt of €1.3B, which brings its debt-to-equity ratio to 67.1%. Its total assets and total liabilities are €5.0B and €3.1B respectively. Etex's EBIT is €424.8M making its interest coverage ratio 8.8. It has cash and short-term investments of €331.1M.
Key information
67.1%
Debt to equity ratio
€1.33b
Debt
| Interest coverage ratio | 8.8x |
| Cash | €331.11m |
| Equity | €1.98b |
| Total liabilities | €3.05b |
| Total assets | €5.04b |
Recent financial health updates
Is Etex (EBR:094124453) A Risky Investment?
Dec 21
Does Etex (EBR:094124453) Have A Healthy Balance Sheet?
May 25We Think Etex (EBR:094124453) Can Stay On Top Of Its Debt
May 31Recent updates
Lacklustre Performance Is Driving Etex N.V.'s (EBR:094124453) Low P/E
Aug 14Shareholders Can Be Confident That Etex's (EBR:094124453) Earnings Are High Quality
Apr 26Here's What To Make Of Etex's (EBR:094124453) Decelerating Rates Of Return
Oct 25Returns At Etex (EBR:094124453) Appear To Be Weighed Down
Jul 19Is Etex (EBR:094124453) A Risky Investment?
Dec 21Etex (EBR:094124453) Is Experiencing Growth In Returns On Capital
Jul 20Calculating The Fair Value Of Etex N.V. (EBR:094124453)
Jun 29Does Etex (EBR:094124453) Have A Healthy Balance Sheet?
May 25We Think Etex (EBR:094124453) Can Stay On Top Of Its Debt
May 31Etex's (EBR:094124453) Solid Earnings Have Been Accounted For Conservatively
Apr 13Is Etex N.V. (EBR:094124453) A Smart Pick For Income Investors?
Apr 05How Does Etex N.V. (EBR:094124453) Stand Up To These Simple Dividend Safety Checks?
Dec 20Financial Position Analysis
Short Term Liabilities: 094124453's short term assets (€1.4B) exceed its short term liabilities (€1.3B).
Long Term Liabilities: 094124453's short term assets (€1.4B) do not cover its long term liabilities (€1.7B).
Debt to Equity History and Analysis
Debt Level: 094124453's net debt to equity ratio (50.4%) is considered high.
Reducing Debt: 094124453's debt to equity ratio has increased from 51.1% to 67.1% over the past 5 years.
Debt Coverage: 094124453's debt is well covered by operating cash flow (31.2%).
Interest Coverage: 094124453's interest payments on its debt are well covered by EBIT (8.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 19:29 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Etex N.V. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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