Fluxys Belgium Balance Sheet Health
Financial Health criteria checks 2/6
Fluxys Belgium has a total shareholder equity of €613.4M and total debt of €2.4B, which brings its debt-to-equity ratio to 384.4%. Its total assets and total liabilities are €3.4B and €2.7B respectively. Fluxys Belgium's EBIT is €129.6M making its interest coverage ratio 4.3. It has cash and short-term investments of €1.1B.
Key information
384.4%
Debt to equity ratio
€2.36b
Debt
| Interest coverage ratio | 4.3x |
| Cash | €1.10b |
| Equity | €613.41m |
| Total liabilities | €2.75b |
| Total assets | €3.36b |
Recent financial health updates
Fluxys Belgium (EBR:FLUX) Has A Somewhat Strained Balance Sheet
Sep 28
Here's Why Fluxys Belgium (EBR:FLUX) Can Manage Its Debt Responsibly
Dec 26Fluxys Belgium (EBR:FLUX) Takes On Some Risk With Its Use Of Debt
Oct 30Is Fluxys Belgium (EBR:FLUX) Using Too Much Debt?
May 04Is Fluxys Belgium (EBR:FLUX) Using Too Much Debt?
Dec 07Recent updates
Fluxys Belgium (EBR:FLUX) Will Pay A Dividend Of €0.98
Apr 25Fluxys Belgium (EBR:FLUX) Is Paying Out A Dividend Of €0.98
Apr 06Weak Statutory Earnings May Not Tell The Whole Story For Fluxys Belgium (EBR:FLUX)
Apr 05Fluxys Belgium SA (EBR:FLUX) Investors Are Less Pessimistic Than Expected
Dec 19Fluxys Belgium (EBR:FLUX) Has A Somewhat Strained Balance Sheet
Sep 28Fluxys Belgium (EBR:FLUX) Is Increasing Its Dividend To €0.98
Apr 02Fluxys Belgium (EBR:FLUX) Ticks All The Boxes When It Comes To Earnings Growth
Mar 15Here's Why Fluxys Belgium (EBR:FLUX) Can Manage Its Debt Responsibly
Dec 26Why Fluxys Belgium's (EBR:FLUX) Earnings Are Better Than They Seem
Oct 07Fluxys Belgium's (EBR:FLUX) Upcoming Dividend Will Be Larger Than Last Year's
Apr 28Fluxys Belgium (EBR:FLUX) Has Announced That It Will Be Increasing Its Dividend To €0.97
Apr 03Fluxys Belgium (EBR:FLUX) Takes On Some Risk With Its Use Of Debt
Oct 30Estimating The Fair Value Of Fluxys Belgium SA (EBR:FLUX)
Sep 02I Built A List Of Growing Companies And Fluxys Belgium (EBR:FLUX) Made The Cut
Aug 10A Look At The Fair Value Of Fluxys Belgium SA (EBR:FLUX)
Jun 01Is Fluxys Belgium (EBR:FLUX) Using Too Much Debt?
May 04Calculating The Intrinsic Value Of Fluxys Belgium SA (EBR:FLUX)
Feb 15
Did You Participate In Any Of Fluxys Belgium's (EBR:FLUX) Respectable 36% Return?
Dec 22Is Fluxys Belgium (EBR:FLUX) Using Too Much Debt?
Dec 07Financial Position Analysis
Short Term Liabilities: FLUX's short term assets (€1.3B) exceed its short term liabilities (€447.6M).
Long Term Liabilities: FLUX's short term assets (€1.3B) do not cover its long term liabilities (€2.3B).
Debt to Equity History and Analysis
Debt Level: FLUX's net debt to equity ratio (204.8%) is considered high.
Reducing Debt: FLUX's debt to equity ratio has increased from 273.9% to 384.4% over the past 5 years.
Debt Coverage: FLUX's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: FLUX's interest payments on its debt are well covered by EBIT (4.3x coverage).