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 €504.2M and total debt of €14.5M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are €2.0B and €1.5B respectively. Électricite de Strasbourg Société Anonyme's EBIT is €185.2M making its interest coverage ratio -32.9. It has cash and short-term investments of €355.1M.
Key information
2.9%
Debt to equity ratio
€14.53m
Debt
| Interest coverage ratio | -32.9x |
| Cash | €355.12m |
| Equity | €504.15m |
| Total liabilities | €1.45b |
| Total assets | €1.96b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7Z2's short term assets (€791.7M) exceed its short term liabilities (€467.1M).
Long Term Liabilities: 7Z2's short term assets (€791.7M) do not cover its long term liabilities (€987.5M).
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 3.1% to 2.9% over the past 5 years.
Debt Coverage: 7Z2's debt is well covered by operating cash flow (1683.8%).
Interest Coverage: 7Z2 earns more interest than it pays, so coverage of interest payments is not a concern.