Ceconomy Balance Sheet Health
Financial Health criteria checks 2/6
Ceconomy has a total shareholder equity of €663.0M and total debt of €2.6B, which brings its debt-to-equity ratio to 393.4%. Its total assets and total liabilities are €10.0B and €9.3B respectively. Ceconomy's EBIT is €227.0M making its interest coverage ratio 1.9. It has cash and short-term investments of €897.0M.
Key information
393.4%
Debt to equity ratio
€2.61b
Debt
Interest coverage ratio | 1.9x |
Cash | €897.00m |
Equity | €663.00m |
Total liabilities | €9.33b |
Total assets | €9.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CEC's short term assets (€6.2B) do not cover its short term liabilities (€6.9B).
Long Term Liabilities: CEC's short term assets (€6.2B) exceed its long term liabilities (€2.5B).
Debt to Equity History and Analysis
Debt Level: CEC's net debt to equity ratio (258.1%) is considered high.
Reducing Debt: CEC's debt to equity ratio has increased from 55.2% to 393.4% over the past 5 years.
Debt Coverage: CEC's debt is well covered by operating cash flow (28.4%).
Interest Coverage: CEC's interest payments on its debt are not well covered by EBIT (1.9x coverage).