EssilorLuxottica Société anonyme Balance Sheet Health
Financial Health criteria checks 3/6
EssilorLuxottica Société anonyme has a total shareholder equity of €39.6B and total debt of €8.4B, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are €61.5B and €21.9B respectively. EssilorLuxottica Société anonyme's EBIT is €3.4B making its interest coverage ratio 26.7. It has cash and short-term investments of €2.2B.
Key information
21.2%
Debt to equity ratio
€8.41b
Debt
| Interest coverage ratio | 26.7x |
| Cash | €2.17b |
| Equity | €39.63b |
| Total liabilities | €21.87b |
| Total assets | €61.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EI's short term assets (€10.1B) do not cover its short term liabilities (€11.4B).
Long Term Liabilities: EI's short term assets (€10.1B) do not cover its long term liabilities (€10.5B).
Debt to Equity History and Analysis
Debt Level: EI's net debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: EI's debt to equity ratio has increased from 12.7% to 21.2% over the past 5 years.
Debt Coverage: EI's debt is well covered by operating cash flow (57.3%).
Interest Coverage: EI's interest payments on its debt are well covered by EBIT (26.7x coverage).