Proximus Balance Sheet Health
Financial Health criteria checks 2/6
Proximus has a total shareholder equity of €3.4B and total debt of €4.6B, which brings its debt-to-equity ratio to 135.1%. Its total assets and total liabilities are €11.9B and €8.5B respectively. Proximus's EBIT is €600.0M making its interest coverage ratio 5.7. It has cash and short-term investments of €1.3B.
Key information
135.1%
Debt to equity ratio
€4.61b
Debt
Interest coverage ratio | 5.7x |
Cash | €1.28b |
Equity | €3.41b |
Total liabilities | €8.50b |
Total assets | €11.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BX7's short term assets (€3.0B) do not cover its short term liabilities (€3.0B).
Long Term Liabilities: BX7's short term assets (€3.0B) do not cover its long term liabilities (€5.5B).
Debt to Equity History and Analysis
Debt Level: BX7's net debt to equity ratio (97.7%) is considered high.
Reducing Debt: BX7's debt to equity ratio has increased from 71.7% to 135.1% over the past 5 years.
Debt Coverage: BX7's debt is well covered by operating cash flow (34%).
Interest Coverage: BX7's interest payments on its debt are well covered by EBIT (5.7x coverage).