Sofina Société Anonyme Balance Sheet Health
Financial Health criteria checks 4/6
Sofina Société Anonyme has a total shareholder equity of €9.5B and total debt of €699.1M, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are €10.3B and €755.2M respectively. Sofina Société Anonyme's EBIT is €445.6M making its interest coverage ratio 49.4. It has cash and short-term investments of €598.9M.
Key information
7.4%
Debt to equity ratio
€699.07m
Debt
| Interest coverage ratio | 49.4x |
| Cash | €598.91m |
| Equity | €9.51b |
| Total liabilities | €755.19m |
| Total assets | €10.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8FS's short term assets (€687.7M) exceed its short term liabilities (€57.8M).
Long Term Liabilities: 8FS's short term assets (€687.7M) do not cover its long term liabilities (€697.4M).
Debt to Equity History and Analysis
Debt Level: 8FS's net debt to equity ratio (1.1%) is considered satisfactory.
Reducing Debt: 8FS's debt to equity ratio has increased from 0% to 7.4% over the past 5 years.
Debt Coverage: 8FS's debt is well covered by operating cash flow (63.8%).
Interest Coverage: 8FS's interest payments on its debt are well covered by EBIT (49.4x coverage).