Électricite de Strasbourg Société Anonyme Balance Sheet Health
Financial Health criteria checks 5/6
Électricite de Strasbourg Société Anonyme has a total shareholder equity of €480.5M and total debt of €10.8M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are €2.0B and €1.5B respectively. Électricite de Strasbourg Société Anonyme's EBIT is €120.4M making its interest coverage ratio -22.8. It has cash and short-term investments of €233.7M.
Key information
2.2%
Debt to equity ratio
€10.75m
Debt
Interest coverage ratio | -22.8x |
Cash | €233.73m |
Equity | €480.48m |
Total liabilities | €1.54b |
Total assets | €2.02b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7Z2's short term assets (€801.9M) exceed its short term liabilities (€546.7M).
Long Term Liabilities: 7Z2's short term assets (€801.9M) do not cover its long term liabilities (€992.1M).
Debt to Equity History and Analysis
Debt Level: 7Z2 has more cash than its total debt.
Reducing Debt: 7Z2's debt to equity ratio has reduced from 2.9% to 2.2% over the past 5 years.
Debt Coverage: 7Z2's debt is well covered by operating cash flow (271.4%).
Interest Coverage: 7Z2 earns more interest than it pays, so coverage of interest payments is not a concern.