EssoF Balance Sheet Health
Financial Health criteria checks 6/6
EssoF has a total shareholder equity of €2.3B and total debt of €30.1M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are €4.7B and €2.4B respectively. EssoF's EBIT is €715.0M making its interest coverage ratio -19.6. It has cash and short-term investments of €1.0B.
Key information
1.3%
Debt to equity ratio
€30.10m
Debt
Interest coverage ratio | -19.6x |
Cash | €1.05b |
Equity | €2.34b |
Total liabilities | €2.40b |
Total assets | €4.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EH8's short term assets (€4.0B) exceed its short term liabilities (€1.9B).
Long Term Liabilities: EH8's short term assets (€4.0B) exceed its long term liabilities (€520.6M).
Debt to Equity History and Analysis
Debt Level: EH8 has more cash than its total debt.
Reducing Debt: EH8's debt to equity ratio has reduced from 2% to 1.3% over the past 5 years.
Debt Coverage: EH8's debt is well covered by operating cash flow (6132.9%).
Interest Coverage: EH8 earns more interest than it pays, so coverage of interest payments is not a concern.