CTT - Correios De Portugal Balance Sheet Health
Financial Health criteria checks 3/6
CTT - Correios De Portugal has a total shareholder equity of €276.2M and total debt of €362.1M, which brings its debt-to-equity ratio to 131.1%. Its total assets and total liabilities are €5.5B and €5.3B respectively. CTT - Correios De Portugal's EBIT is €138.0M making its interest coverage ratio 1.5. It has cash and short-term investments of €2.6B.
Key information
131.1%
Debt to equity ratio
€362.12m
Debt
| Interest coverage ratio | 1.5x |
| Cash | €2.58b |
| Equity | €276.18m |
| Total liabilities | €5.26b |
| Total assets | €5.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: C7T's short term assets (€3.1B) do not cover its short term liabilities (€4.6B).
Long Term Liabilities: C7T's short term assets (€3.1B) exceed its long term liabilities (€626.2M).
Debt to Equity History and Analysis
Debt Level: C7T has more cash than its total debt.
Reducing Debt: C7T's debt to equity ratio has increased from 121.9% to 131.1% over the past 5 years.
Debt Coverage: C7T's debt is well covered by operating cash flow (396.4%).
Interest Coverage: C7T's interest payments on its debt are not well covered by EBIT (1.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 17:57 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
CTT - Correios De Portugal, S.A. is covered by 15 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bruno Silva | Banco BPI, S.A. |
| Filipe Leite | Banco BPI, S.A. |
| Joao Safara Silva | Banco Santander |