CTP Balance Sheet Health
Financial Health criteria checks 2/6
CTP has a total shareholder equity of €7.1B and total debt of €8.2B, which brings its debt-to-equity ratio to 116%. Its total assets and total liabilities are €17.1B and €10.0B respectively. CTP's EBIT is €514.4M making its interest coverage ratio 2.9. It has cash and short-term investments of €1.3B.
Key information
116.0%
Debt to equity ratio
€8.19b
Debt
| Interest coverage ratio | 2.9x |
| Cash | €1.29b |
| Equity | €7.06b |
| Total liabilities | €10.02b |
| Total assets | €17.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3YZ's short term assets (€1.6B) exceed its short term liabilities (€822.1M).
Long Term Liabilities: 3YZ's short term assets (€1.6B) do not cover its long term liabilities (€9.2B).
Debt to Equity History and Analysis
Debt Level: 3YZ's net debt to equity ratio (97.8%) is considered high.
Reducing Debt: 3YZ's debt to equity ratio has reduced from 161.5% to 116% over the past 5 years.
Debt Coverage: 3YZ's debt is not well covered by operating cash flow (4%).
Interest Coverage: 3YZ's interest payments on its debt are not well covered by EBIT (2.9x coverage).