Groupe CRIT Balance Sheet Health
Financial Health criteria checks 6/6
Groupe CRIT has a total shareholder equity of €761.5M and total debt of €47.7M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are €1.4B and €671.8M respectively. Groupe CRIT's EBIT is €96.9M making its interest coverage ratio -739.9. It has cash and short-term investments of €473.8M.
Key information
6.3%
Debt to equity ratio
€47.73m
Debt
Interest coverage ratio | -739.9x |
Cash | €473.80m |
Equity | €761.51m |
Total liabilities | €671.82m |
Total assets | €1.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CT2's short term assets (€1.0B) exceed its short term liabilities (€578.6M).
Long Term Liabilities: CT2's short term assets (€1.0B) exceed its long term liabilities (€93.2M).
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 27.3% to 6.3% over the past 5 years.
Debt Coverage: CT2's debt is well covered by operating cash flow (234.1%).
Interest Coverage: CT2 earns more interest than it pays, so coverage of interest payments is not a concern.