EssilorLuxottica Société anonyme Balance Sheet Health
Financial Health criteria checks 3/6
EssilorLuxottica Société anonyme has a total shareholder equity of €38.9B and total debt of €8.4B, which brings its debt-to-equity ratio to 21.6%. Its total assets and total liabilities are €60.5B and €21.6B respectively. EssilorLuxottica Société anonyme's EBIT is €3.3B making its interest coverage ratio 29.5. It has cash and short-term investments of €2.6B.
Key information
21.6%
Debt to equity ratio
€8.42b
Debt
Interest coverage ratio | 29.5x |
Cash | €2.56b |
Equity | €38.89b |
Total liabilities | €21.63b |
Total assets | €60.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ESL's short term assets (€9.7B) do not cover its short term liabilities (€9.7B).
Long Term Liabilities: ESL's short term assets (€9.7B) do not cover its long term liabilities (€11.9B).
Debt to Equity History and Analysis
Debt Level: ESL's net debt to equity ratio (15.1%) is considered satisfactory.
Reducing Debt: ESL's debt to equity ratio has increased from 11.2% to 21.6% over the past 5 years.
Debt Coverage: ESL's debt is well covered by operating cash flow (57.8%).
Interest Coverage: ESL's interest payments on its debt are well covered by EBIT (29.5x coverage).