EQT Balance Sheet Health
Financial Health criteria checks 5/6
EQT has a total shareholder equity of €6.0B and total debt of €2.0B, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are €9.2B and €3.2B respectively. EQT's EBIT is €715.1M making its interest coverage ratio 36.5. It has cash and short-term investments of €1.1B.
Key information
33.7%
Debt to equity ratio
€2.02b
Debt
Interest coverage ratio | 36.5x |
Cash | €1.11b |
Equity | €6.00b |
Total liabilities | €3.20b |
Total assets | €9.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6EQ's short term assets (€2.9B) exceed its short term liabilities (€731.8M).
Long Term Liabilities: 6EQ's short term assets (€2.9B) exceed its long term liabilities (€2.5B).
Debt to Equity History and Analysis
Debt Level: 6EQ's net debt to equity ratio (15.1%) is considered satisfactory.
Reducing Debt: 6EQ's debt to equity ratio has increased from 4.5% to 33.7% over the past 5 years.
Debt Coverage: 6EQ's debt is well covered by operating cash flow (46.8%).
Interest Coverage: 6EQ's interest payments on its debt are well covered by EBIT (36.5x coverage).