CTS Eventim KGaA Balance Sheet Health
Financial Health criteria checks 6/6
CTS Eventim KGaA has a total shareholder equity of €1.1B and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €3.3B and €2.2B respectively. CTS Eventim KGaA's EBIT is €397.5M making its interest coverage ratio -9.8. It has cash and short-term investments of €1.6B.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | -9.8x |
Cash | €1.64b |
Equity | €1.07b |
Total liabilities | €2.23b |
Total assets | €3.30b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: EVD0's short term assets (€2.2B) exceed its short term liabilities (€2.0B).
Long Term Liabilities: EVD0's short term assets (€2.2B) exceed its long term liabilities (€227.5M).
Debt to Equity History and Analysis
Debt Level: EVD0 is debt free.
Reducing Debt: EVD0 has no debt compared to 5 years ago when its debt to equity ratio was 11.6%.
Debt Coverage: EVD0 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: EVD0 has no debt, therefore coverage of interest payments is not a concern.