Signify Balance Sheet Health
Financial Health criteria checks 5/6
Signify has a total shareholder equity of €3.1B and total debt of €2.4B, which brings its debt-to-equity ratio to 77.8%. Its total assets and total liabilities are €8.2B and €5.1B respectively. Signify's EBIT is €575.0M making its interest coverage ratio 14.4. It has cash and short-term investments of €1.4B.
Key information
77.8%
Debt to equity ratio
€2.41b
Debt
Interest coverage ratio | 14.4x |
Cash | €1.40b |
Equity | €3.09b |
Total liabilities | €5.13b |
Total assets | €8.22b |
Recent financial health updates
No updates
Recent updates
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Financial Position Analysis
Short Term Liabilities: G14's short term assets (€3.7B) exceed its short term liabilities (€3.2B).
Long Term Liabilities: G14's short term assets (€3.7B) exceed its long term liabilities (€1.9B).
Debt to Equity History and Analysis
Debt Level: G14's net debt to equity ratio (32.4%) is considered satisfactory.
Reducing Debt: G14's debt to equity ratio has increased from 68.9% to 77.8% over the past 5 years.
Debt Coverage: G14's debt is well covered by operating cash flow (29.8%).
Interest Coverage: G14's interest payments on its debt are well covered by EBIT (14.4x coverage).