Ceconomy Balance Sheet Health
Financial Health criteria checks 2/6
Ceconomy has a total shareholder equity of €508.0M and total debt of €2.7B, which brings its debt-to-equity ratio to 528.1%. Its total assets and total liabilities are €9.8B and €9.3B respectively. Ceconomy's EBIT is €345.0M making its interest coverage ratio 2.3. It has cash and short-term investments of €732.0M.
Key information
528.1%
Debt to equity ratio
€2.68b
Debt
| Interest coverage ratio | 2.3x |
| Cash | €732.00m |
| Equity | €508.00m |
| Total liabilities | €9.31b |
| Total assets | €9.82b |
Recent financial health updates
Does Ceconomy (ETR:CEC) Have A Healthy Balance Sheet?
Oct 12
We Think Ceconomy (ETR:CEC) Is Taking Some Risk With Its Debt
Jun 20Is Ceconomy (ETR:CEC) A Risky Investment?
Nov 15We 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 08Recent updates
Does Ceconomy (ETR:CEC) Have A Healthy Balance Sheet?
Oct 12Ceconomy AG (ETR:CEC) Just Released Its Third-Quarter Earnings: Here's What Analysts Think
Aug 17We Think Ceconomy (ETR:CEC) Is Taking Some Risk With Its Debt
Jun 20Ceconomy (ETR:CEC) Is Posting Promising Earnings But The Good News Doesn’t Stop There
May 23Investors Still Aren't Entirely Convinced By Ceconomy AG's (ETR:CEC) Earnings Despite 44% Price Jump
May 21Analysts 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
Financial Position Analysis
Short Term Liabilities: CEC's short term assets (€6.1B) do not cover its short term liabilities (€6.8B).
Long Term Liabilities: CEC's short term assets (€6.1B) exceed its long term liabilities (€2.5B).
Debt to Equity History and Analysis
Debt Level: CEC's net debt to equity ratio (384.1%) is considered high.
Reducing Debt: CEC's debt to equity ratio has increased from 58.3% to 528.1% over the past 5 years.
Debt Coverage: CEC's debt is well covered by operating cash flow (31.9%).
Interest Coverage: CEC's interest payments on its debt are not well covered by EBIT (2.3x coverage).