Econocom Group Balance Sheet Health
Financial Health criteria checks 5/6
Econocom Group has a total shareholder equity of €474.7M and total debt of €382.9M, which brings its debt-to-equity ratio to 80.7%. Its total assets and total liabilities are €2.3B and €1.8B respectively. Econocom Group's EBIT is €102.2M making its interest coverage ratio 7.8. It has cash and short-term investments of €226.6M.
Key information
80.7%
Debt to equity ratio
€382.90m
Debt
| Interest coverage ratio | 7.8x |
| Cash | €226.60m |
| Equity | €474.70m |
| Total liabilities | €1.80b |
| Total assets | €2.28b |
Recent financial health updates
Econocom Group (EBR:ECONB) Takes On Some Risk With Its Use Of Debt
Nov 18
Does Econocom Group (EBR:ECONB) Have A Healthy Balance Sheet?
Sep 20We Think Econocom Group (EBR:ECONB) Can Stay On Top Of Its Debt
May 06Does Econocom Group (EBR:ECONB) Have A Healthy Balance Sheet?
Oct 21Here's Why Econocom Group (EBR:ECONB) Can Manage Its Debt Responsibly
May 03Recent updates
Econocom Group SE (EBR:ECONB) Just Reported, And Analysts Assigned A €2.73 Price Target
Feb 17Econocom Group (EBR:ECONB) Takes On Some Risk With Its Use Of Debt
Nov 18Does Econocom Group (EBR:ECONB) Have A Healthy Balance Sheet?
Sep 20Should You Investigate Econocom Group SE (EBR:ECONB) At €3.29?
Jul 29The Returns At Econocom Group (EBR:ECONB) Aren't Growing
Jun 15We Think Econocom Group (EBR:ECONB) Can Stay On Top Of Its Debt
May 06Is It Too Late To Consider Buying Econocom Group SE (EBR:ECONB)?
Apr 06Does Econocom Group (EBR:ECONB) Have A Healthy Balance Sheet?
Oct 21What Is Econocom Group SE's (EBR:ECONB) Share Price Doing?
Oct 06The Returns At Econocom Group (EBR:ECONB) Aren't Growing
Aug 26Is There An Opportunity With Econocom Group SE's (EBR:ECONB) 44% Undervaluation?
Jun 24Is Econocom Group SE (EBR:ECONB) Potentially Undervalued?
Jun 01Econocom Group (EBR:ECONB) Hasn't Managed To Accelerate Its Returns
May 17Here's Why Econocom Group (EBR:ECONB) Can Manage Its Debt Responsibly
May 03What To Know Before Buying Econocom Group SE (EBR:ECONB) For Its Dividend
Apr 20Should Econocom Group SE (EBR:ECONB) Focus On Improving This Fundamental Metric?
Mar 11Is Now An Opportune Moment To Examine Econocom Group SE (EBR:ECONB)?
Feb 26What Do The Returns On Capital At Econocom Group (EBR:ECONB) Tell Us?
Feb 05
Should Econocom Group SE (EBR:ECONB) Be Part Of Your Dividend Portfolio?
Jan 18Estimating The Intrinsic Value Of Econocom Group SE (EBR:ECONB)
Jan 06A Look At Econocom Group's (EBR:ECONB) Share Price Returns
Dec 24Is Econocom Group (EBR:ECONB) A Risky Investment?
Dec 14Could The Econocom Group SE (EBR:ECONB) Ownership Structure Tell Us Something Useful?
Dec 03Are Econocom Group's (EBR:ECONB) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Nov 22Should Econocom Group SE (EBR:ECONB) Be Part Of Your Dividend Portfolio?
Sep 26Reflecting on Econocom Group's (EBR:ECONB) Share Price Returns Over The Last Five Years
Sep 15Is Econocom Group (EBR:ECONB) A Risky Investment?
Sep 04What You Need To Know About Econocom Group SE's (EBR:ECONB) Investor Composition
Aug 24Market Cool On Econocom Group SE's (EBR:ECONB) Earnings
Aug 01Is Now An Opportune Moment To Examine Econocom Group SE (EBR:ECONB)?
Jul 23Will Econocom Group (EBR:ECONB) Multiply In Value Going Forward?
Jul 07Financial Position Analysis
Short Term Liabilities: ECONB's short term assets (€1.4B) exceed its short term liabilities (€1.3B).
Long Term Liabilities: ECONB's short term assets (€1.4B) exceed its long term liabilities (€527.1M).
Debt to Equity History and Analysis
Debt Level: ECONB's net debt to equity ratio (32.9%) is considered satisfactory.
Reducing Debt: ECONB's debt to equity ratio has reduced from 154.1% to 80.7% over the past 5 years.
Debt Coverage: ECONB's debt is not well covered by operating cash flow (9%).
Interest Coverage: ECONB's interest payments on its debt are well covered by EBIT (7.8x coverage).