freenet Balance Sheet Health
Financial Health criteria checks 4/6
freenet has a total shareholder equity of €1.4B and total debt of €454.3M, which brings its debt-to-equity ratio to 33.5%. Its total assets and total liabilities are €3.2B and €1.9B respectively. freenet's EBIT is €344.4M making its interest coverage ratio 16. It has cash and short-term investments of €95.6M.
Key information
33.5%
Debt to equity ratio
€454.30m
Debt
| Interest coverage ratio | 16x |
| Cash | €95.60m |
| Equity | €1.36b |
| Total liabilities | €1.89b |
| Total assets | €3.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FNTN's short term assets (€641.5M) do not cover its short term liabilities (€955.3M).
Long Term Liabilities: FNTN's short term assets (€641.5M) do not cover its long term liabilities (€934.0M).
Debt to Equity History and Analysis
Debt Level: FNTN's net debt to equity ratio (26.4%) is considered satisfactory.
Reducing Debt: FNTN's debt to equity ratio has reduced from 147.4% to 33.5% over the past 5 years.
Debt Coverage: FNTN's debt is well covered by operating cash flow (85.4%).
Interest Coverage: FNTN's interest payments on its debt are well covered by EBIT (16x coverage).