Colruyt Group Balance Sheet Health
Financial Health criteria checks 4/6
Colruyt Group has a total shareholder equity of €3.2B and total debt of €1.1B, which brings its debt-to-equity ratio to 34%. Its total assets and total liabilities are €6.7B and €3.5B respectively. Colruyt Group's EBIT is €421.3M making its interest coverage ratio 27.5. It has cash and short-term investments of €883.2M.
Key information
34.0%
Debt to equity ratio
€1.09b
Debt
Interest coverage ratio | 27.5x |
Cash | €883.20m |
Equity | €3.21b |
Total liabilities | €3.48b |
Total assets | €6.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EFC1's short term assets (€2.4B) do not cover its short term liabilities (€2.4B).
Long Term Liabilities: EFC1's short term assets (€2.4B) exceed its long term liabilities (€1.0B).
Debt to Equity History and Analysis
Debt Level: EFC1's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: EFC1's debt to equity ratio has increased from 0.8% to 34% over the past 5 years.
Debt Coverage: EFC1's debt is well covered by operating cash flow (145.8%).
Interest Coverage: EFC1's interest payments on its debt are well covered by EBIT (27.5x coverage).