Hellenic Telecommunications Organization Balance Sheet Health
Financial Health criteria checks 4/6
Hellenic Telecommunications Organization has a total shareholder equity of €2.0B and total debt of €888.3M, which brings its debt-to-equity ratio to 45.2%. Its total assets and total liabilities are €5.1B and €3.1B respectively. Hellenic Telecommunications Organization's EBIT is €762.6M making its interest coverage ratio 54.5. It has cash and short-term investments of €469.3M.
Key information
45.2%
Debt to equity ratio
€888.30m
Debt
| Interest coverage ratio | 54.5x |
| Cash | €469.30m |
| Equity | €1.97b |
| Total liabilities | €3.08b |
| Total assets | €5.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OTE's short term assets (€1.3B) do not cover its short term liabilities (€1.7B).
Long Term Liabilities: OTE's short term assets (€1.3B) do not cover its long term liabilities (€1.4B).
Debt to Equity History and Analysis
Debt Level: OTE's net debt to equity ratio (21.3%) is considered satisfactory.
Reducing Debt: OTE's debt to equity ratio has reduced from 86.5% to 45.2% over the past 5 years.
Debt Coverage: OTE's debt is well covered by operating cash flow (127.4%).
Interest Coverage: OTE's interest payments on its debt are well covered by EBIT (54.5x coverage).