CEZ a. s Balance Sheet Health
Financial Health criteria checks 3/6
CEZ a. s has a total shareholder equity of CZK263.1B and total debt of CZK177.2B, which brings its debt-to-equity ratio to 67.3%. Its total assets and total liabilities are CZK824.8B and CZK561.7B respectively. CEZ a. s's EBIT is CZK96.8B making its interest coverage ratio 12.6. It has cash and short-term investments of CZK50.7B.
Key information
67.3%
Debt to equity ratio
Kč177.20b
Debt
Interest coverage ratio | 12.6x |
Cash | Kč50.69b |
Equity | Kč263.14b |
Total liabilities | Kč561.66b |
Total assets | Kč824.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CEZ's short term assets (CZK280.1B) exceed its short term liabilities (CZK206.1B).
Long Term Liabilities: CEZ's short term assets (CZK280.1B) do not cover its long term liabilities (CZK355.6B).
Debt to Equity History and Analysis
Debt Level: CEZ's net debt to equity ratio (48.1%) is considered high.
Reducing Debt: CEZ's debt to equity ratio has increased from 60.9% to 67.3% over the past 5 years.
Debt Coverage: CEZ's debt is well covered by operating cash flow (56%).
Interest Coverage: CEZ's interest payments on its debt are well covered by EBIT (12.6x coverage).