SPIE Balance Sheet Health
Financial Health criteria checks 4/6
SPIE has a total shareholder equity of €1.9B and total debt of €2.5B, which brings its debt-to-equity ratio to 128.6%. Its total assets and total liabilities are €9.6B and €7.7B respectively. SPIE's EBIT is €549.8M making its interest coverage ratio 7.1. It has cash and short-term investments of €441.4M.
Key information
128.6%
Debt to equity ratio
€2.48b
Debt
| Interest coverage ratio | 7.1x |
| Cash | €441.45m |
| Equity | €1.93b |
| Total liabilities | €7.69b |
| Total assets | €9.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4SP's short term assets (€3.5B) do not cover its short term liabilities (€4.4B).
Long Term Liabilities: 4SP's short term assets (€3.5B) exceed its long term liabilities (€3.3B).
Debt to Equity History and Analysis
Debt Level: 4SP's net debt to equity ratio (105.7%) is considered high.
Reducing Debt: 4SP's debt to equity ratio has reduced from 163.8% to 128.6% over the past 5 years.
Debt Coverage: 4SP's debt is well covered by operating cash flow (33.6%).
Interest Coverage: 4SP's interest payments on its debt are well covered by EBIT (7.1x coverage).