Ceconomy Balance Sheet Health
Financial Health criteria checks 3/6
Ceconomy has a total shareholder equity of €582.0M and total debt of €2.5B, which brings its debt-to-equity ratio to 437.1%. Its total assets and total liabilities are €12.3B and €11.7B respectively. Ceconomy's EBIT is €181.0M making its interest coverage ratio 1.6. It has cash and short-term investments of €2.4B.
Key information
437.1%
Debt to equity ratio
€2.54b
Debt
| Interest coverage ratio | 1.6x |
| Cash | €2.35b |
| Equity | €582.00m |
| Total liabilities | €11.67b |
| Total assets | €12.26b |
Recent financial health updates
Is Ceconomy (ETR:CEC) A Risky Investment?
Nov 15
We Think Ceconomy (ETR:CEC) Is Taking Some Risk With Its Debt
Jun 28Ceconomy (ETR:CEC) Takes On Some Risk With Its Use Of Debt
Mar 23Ceconomy (ETR:CEC) Has A Somewhat Strained Balance Sheet
Dec 08Ceconomy (ETR:CEC) Takes On Some Risk With Its Use Of Debt
Aug 16Here's Why Ceconomy (ETR:CEC) Has A Meaningful Debt Burden
May 08Recent updates
Analysts Are Updating Their Ceconomy AG (ETR:CEC) Estimates After Its First-Quarter Results
Feb 15Is Ceconomy (ETR:CEC) A Risky Investment?
Nov 15Calculating The Fair Value Of Ceconomy AG (ETR:CEC)
Aug 03We Think Ceconomy (ETR:CEC) Is Taking Some Risk With Its Debt
Jun 28A Look At The Fair Value Of Ceconomy AG (ETR:CEC)
May 02Ceconomy (ETR:CEC) Takes On Some Risk With Its Use Of Debt
Mar 23Are Investors Undervaluing Ceconomy AG (ETR:CEC) By 26%?
Jan 27Ceconomy (ETR:CEC) Has A Somewhat Strained Balance Sheet
Dec 08Is There An Opportunity With Ceconomy AG's (ETR:CEC) 40% Undervaluation?
Oct 27Ceconomy (ETR:CEC) Takes On Some Risk With Its Use Of Debt
Aug 16We Think You Can Look Beyond Ceconomy's (ETR:CEC) Lackluster Earnings
May 21Here's Why Ceconomy (ETR:CEC) Has A Meaningful Debt Burden
May 08Does Ceconomy (ETR:CEC) Have A Healthy Balance Sheet?
Jan 19Ceconomy (ETR:CEC) Seems To Use Debt Quite Sensibly
Jul 08Earnings Update: Ceconomy AG (ETR:CEC) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts
Feb 11
What You Need To Know About Ceconomy AG's (ETR:CEC) Investor Composition
Feb 02Is Ceconomy AG (ETR:CEC) Trading At A 50% Discount?
Jan 05What Type Of Returns Would Ceconomy's (ETR:CEC) Shareholders Have Received Over The Course Of The Last Five Years?
Dec 10Financial Position Analysis
Short Term Liabilities: CEC's short term assets (€8.6B) do not cover its short term liabilities (€9.3B).
Long Term Liabilities: CEC's short term assets (€8.6B) exceed its long term liabilities (€2.4B).
Debt to Equity History and Analysis
Debt Level: CEC's net debt to equity ratio (33%) is considered satisfactory.
Reducing Debt: CEC's debt to equity ratio has increased from 37.7% to 437.1% over the past 5 years.
Debt Coverage: CEC's debt is well covered by operating cash flow (25.1%).
Interest Coverage: CEC's interest payments on its debt are not well covered by EBIT (1.6x coverage).