ACEA Balance Sheet Health
Financial Health criteria checks 2/6
ACEA has a total shareholder equity of €2.8B and total debt of €5.6B, which brings its debt-to-equity ratio to 198.3%. Its total assets and total liabilities are €11.8B and €9.0B respectively. ACEA's EBIT is €512.1M making its interest coverage ratio 4.4. It has cash and short-term investments of €362.0M.
Key information
198.3%
Debt to equity ratio
€5.60b
Debt
Interest coverage ratio | 4.4x |
Cash | €362.01m |
Equity | €2.82b |
Total liabilities | €8.96b |
Total assets | €11.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DCA's short term assets (€2.6B) do not cover its short term liabilities (€3.3B).
Long Term Liabilities: DCA's short term assets (€2.6B) do not cover its long term liabilities (€5.6B).
Debt to Equity History and Analysis
Debt Level: DCA's net debt to equity ratio (185.5%) is considered high.
Reducing Debt: DCA's debt to equity ratio has reduced from 198.7% to 198.3% over the past 5 years.
Debt Coverage: DCA's debt is not well covered by operating cash flow (19.8%).
Interest Coverage: DCA's interest payments on its debt are well covered by EBIT (4.4x coverage).