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).