freenet Balance Sheet Health
Financial Health criteria checks 4/6
freenet has a total shareholder equity of €1.5B and total debt of €600.1M, which brings its debt-to-equity ratio to 40.8%. Its total assets and total liabilities are €3.7B and €2.2B respectively. freenet's EBIT is €250.9M making its interest coverage ratio 12.9. It has cash and short-term investments of €145.0M.
Key information
40.8%
Debt to equity ratio
€600.07m
Debt
| Interest coverage ratio | 12.9x |
| Cash | €145.02m |
| Equity | €1.47b |
| Total liabilities | €2.20b |
| Total assets | €3.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FNTN's short term assets (€678.0M) do not cover its short term liabilities (€1.1B).
Long Term Liabilities: FNTN's short term assets (€678.0M) do not cover its long term liabilities (€1.1B).
Debt to Equity History and Analysis
Debt Level: FNTN's net debt to equity ratio (30.9%) is considered satisfactory.
Reducing Debt: FNTN's debt to equity ratio has reduced from 111.7% to 40.8% over the past 5 years.
Debt Coverage: FNTN's debt is well covered by operating cash flow (64.5%).
Interest Coverage: FNTN's interest payments on its debt are well covered by EBIT (12.9x coverage).