Signify Balance Sheet Health
Financial Health criteria checks 6/6
Signify has a total shareholder equity of €2.9B and total debt of €1.7B, which brings its debt-to-equity ratio to 58.8%. Its total assets and total liabilities are €7.3B and €4.4B respectively. Signify's EBIT is €539.0M making its interest coverage ratio 19.3. It has cash and short-term investments of €612.0M.
Key information
58.8%
Debt to equity ratio
€1.71b
Debt
| Interest coverage ratio | 19.3x |
| Cash | €612.00m |
| Equity | €2.90b |
| Total liabilities | €4.41b |
| Total assets | €7.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: G14's short term assets (€3.0B) exceed its short term liabilities (€2.5B).
Long Term Liabilities: G14's short term assets (€3.0B) exceed its long term liabilities (€1.9B).
Debt to Equity History and Analysis
Debt Level: G14's net debt to equity ratio (37.8%) is considered satisfactory.
Reducing Debt: G14's debt to equity ratio has reduced from 68% to 58.8% over the past 5 years.
Debt Coverage: G14's debt is well covered by operating cash flow (36.9%).
Interest Coverage: G14's interest payments on its debt are well covered by EBIT (19.3x coverage).