Constellium Balance Sheet Health
Financial Health criteria checks 3/6
Constellium has a total shareholder equity of €910.0M and total debt of €1.9B, which brings its debt-to-equity ratio to 206.9%. Its total assets and total liabilities are €4.8B and €3.9B respectively. Constellium's EBIT is €286.0M making its interest coverage ratio 2.9. It has cash and short-term investments of €180.0M.
Key information
206.9%
Debt to equity ratio
€1.88b
Debt
Interest coverage ratio | 2.9x |
Cash | €180.00m |
Equity | €910.00m |
Total liabilities | €3.86b |
Total assets | €4.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3OK's short term assets (€1.9B) exceed its short term liabilities (€1.5B).
Long Term Liabilities: 3OK's short term assets (€1.9B) do not cover its long term liabilities (€2.4B).
Debt to Equity History and Analysis
Debt Level: 3OK's net debt to equity ratio (187.1%) is considered high.
Reducing Debt: 3OK had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 3OK's debt is well covered by operating cash flow (27.9%).
Interest Coverage: 3OK's interest payments on its debt are not well covered by EBIT (2.9x coverage).