freenet Balance Sheet Health
Financial Health criteria checks 4/6
freenet has a total shareholder equity of €1.4B and total debt of €430.8M, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are €3.4B and €2.0B respectively. freenet's EBIT is €247.4M making its interest coverage ratio 11.6. It has cash and short-term investments of €159.8M.
Key information
30.0%
Debt to equity ratio
€430.80m
Debt
Interest coverage ratio | 11.6x |
Cash | €159.80m |
Equity | €1.44b |
Total liabilities | €1.98b |
Total assets | €3.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FNTN's short term assets (€767.8M) do not cover its short term liabilities (€1.2B).
Long Term Liabilities: FNTN's short term assets (€767.8M) do not cover its long term liabilities (€818.5M).
Debt to Equity History and Analysis
Debt Level: FNTN's net debt to equity ratio (18.9%) is considered satisfactory.
Reducing Debt: FNTN's debt to equity ratio has reduced from 134.5% to 30% over the past 5 years.
Debt Coverage: FNTN's debt is well covered by operating cash flow (92.4%).
Interest Coverage: FNTN's interest payments on its debt are well covered by EBIT (11.6x coverage).