Hellenic Telecommunications Organization Balance Sheet Health
Financial Health criteria checks 4/6
Hellenic Telecommunications Organization has a total shareholder equity of €1.9B and total debt of €847.7M, which brings its debt-to-equity ratio to 43.6%. Its total assets and total liabilities are €4.9B and €3.0B respectively. Hellenic Telecommunications Organization's EBIT is €751.0M making its interest coverage ratio 37.2. It has cash and short-term investments of €469.5M.
Key information
43.6%
Debt to equity ratio
€847.70m
Debt
Interest coverage ratio | 37.2x |
Cash | €469.50m |
Equity | €1.94b |
Total liabilities | €2.99b |
Total assets | €4.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OTE's short term assets (€1.2B) do not cover its short term liabilities (€1.6B).
Long Term Liabilities: OTE's short term assets (€1.2B) do not cover its long term liabilities (€1.3B).
Debt to Equity History and Analysis
Debt Level: OTE's net debt to equity ratio (19.5%) is considered satisfactory.
Reducing Debt: OTE's debt to equity ratio has reduced from 71% to 43.6% over the past 5 years.
Debt Coverage: OTE's debt is well covered by operating cash flow (141%).
Interest Coverage: OTE's interest payments on its debt are well covered by EBIT (37.2x coverage).