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
No updates
Recent updates
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).