Eutelsat Group Balance Sheet Health
Financial Health criteria checks 2/6
Eutelsat Group has a total shareholder equity of €3.9B and total debt of €3.0B, which brings its debt-to-equity ratio to 75.1%. Its total assets and total liabilities are €8.5B and €4.6B respectively. Eutelsat Group's EBIT is €1.2M making its interest coverage ratio 0. It has cash and short-term investments of €837.4M.
Key information
75.1%
Debt to equity ratio
€2.96b
Debt
| Interest coverage ratio | 0.009x |
| Cash | €837.40m |
| Equity | €3.95b |
| Total liabilities | €4.57b |
| Total assets | €8.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: E3B0's short term assets (€1.3B) exceed its short term liabilities (€761.3M).
Long Term Liabilities: E3B0's short term assets (€1.3B) do not cover its long term liabilities (€3.8B).
Debt to Equity History and Analysis
Debt Level: E3B0's net debt to equity ratio (53.9%) is considered high.
Reducing Debt: E3B0's debt to equity ratio has reduced from 134.6% to 75.1% over the past 5 years.
Debt Coverage: E3B0's debt is not well covered by operating cash flow (17.1%).
Interest Coverage: E3B0's interest payments on its debt are not well covered by EBIT (0x coverage).