Groupe CRIT Balance Sheet Health
Financial Health criteria checks 6/6
Groupe CRIT has a total shareholder equity of €716.3M and total debt of €48.5M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are €1.4B and €726.1M respectively. Groupe CRIT's EBIT is €97.0M making its interest coverage ratio -808.3. It has cash and short-term investments of €512.6M.
Key information
6.8%
Debt to equity ratio
€48.51m
Debt
Interest coverage ratio | -808.3x |
Cash | €512.60m |
Equity | €716.30m |
Total liabilities | €726.12m |
Total assets | €1.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CT2's short term assets (€1.1B) exceed its short term liabilities (€626.1M).
Long Term Liabilities: CT2's short term assets (€1.1B) exceed its long term liabilities (€100.0M).
Debt to Equity History and Analysis
Debt Level: CT2 has more cash than its total debt.
Reducing Debt: CT2's debt to equity ratio has reduced from 23.2% to 6.8% over the past 5 years.
Debt Coverage: CT2's debt is well covered by operating cash flow (341.6%).
Interest Coverage: CT2 earns more interest than it pays, so coverage of interest payments is not a concern.