Eutelsat Group Balance Sheet Health
Financial Health criteria checks 4/6
Eutelsat Group has a total shareholder equity of €4.1B and total debt of €3.1B, which brings its debt-to-equity ratio to 74.8%. Its total assets and total liabilities are €8.8B and €4.7B respectively. Eutelsat Group's EBIT is €408.7M making its interest coverage ratio 4.5. It has cash and short-term investments of €897.3M.
Key information
74.8%
Debt to equity ratio
€3.10b
Debt
Interest coverage ratio | 4.5x |
Cash | €897.30m |
Equity | €4.14b |
Total liabilities | €4.67b |
Total assets | €8.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: E3B's short term assets (€1.5B) exceed its short term liabilities (€810.1M).
Long Term Liabilities: E3B's short term assets (€1.5B) do not cover its long term liabilities (€3.9B).
Debt to Equity History and Analysis
Debt Level: E3B's net debt to equity ratio (53.2%) is considered high.
Reducing Debt: E3B's debt to equity ratio has reduced from 152.1% to 74.8% over the past 5 years.
Debt Coverage: E3B's debt is well covered by operating cash flow (21.6%).
Interest Coverage: E3B's interest payments on its debt are well covered by EBIT (4.5x coverage).