Veolia Environnement Balance Sheet Health
Financial Health criteria checks 3/6
Veolia Environnement has a total shareholder equity of €14.4B and total debt of €27.2B, which brings its debt-to-equity ratio to 189%. Its total assets and total liabilities are €71.4B and €57.0B respectively. Veolia Environnement's EBIT is €2.9B making its interest coverage ratio 3.1. It has cash and short-term investments of €9.7B.
Key information
189.0%
Debt to equity ratio
€27.24b
Debt
| Interest coverage ratio | 3.1x |
| Cash | €9.66b |
| Equity | €14.42b |
| Total liabilities | €57.03b |
| Total assets | €71.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VVDH's short term assets (€27.1B) do not cover its short term liabilities (€30.4B).
Long Term Liabilities: VVDH's short term assets (€27.1B) exceed its long term liabilities (€26.6B).
Debt to Equity History and Analysis
Debt Level: VVDH's net debt to equity ratio (122%) is considered high.
Reducing Debt: VVDH's debt to equity ratio has reduced from 220.1% to 189% over the past 5 years.
Debt Coverage: VVDH's debt is not well covered by operating cash flow (18%).
Interest Coverage: VVDH's interest payments on its debt are well covered by EBIT (3.1x coverage).