ERAMET Balance Sheet Health

Financial Health criteria checks 4/6

ERAMET has a total shareholder equity of €2.5B and total debt of €2.2B, which brings its debt-to-equity ratio to 89.8%. Its total assets and total liabilities are €6.8B and €4.3B respectively. ERAMET's EBIT is €16.0M making its interest coverage ratio 0.1. It has cash and short-term investments of €1.6B.

Key information

89.8%

Debt to equity ratio

€2.21b

Debt

Interest coverage ratio0.1x
Cash€1.59b
Equity€2.46b
Total liabilities€4.34b
Total assets€6.80b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: ER7's short term assets (€3.1B) exceed its short term liabilities (€1.5B).

Long Term Liabilities: ER7's short term assets (€3.1B) exceed its long term liabilities (€2.9B).


Debt to Equity History and Analysis

Debt Level: ER7's net debt to equity ratio (25%) is considered satisfactory.

Reducing Debt: ER7's debt to equity ratio has reduced from 110.8% to 89.8% over the past 5 years.

Debt Coverage: ER7's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: ER7's interest payments on its debt are not well covered by EBIT (0.1x coverage).


Balance Sheet


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