Public Power Balance Sheet Health
Financial Health criteria checks 3/6
Public Power has a total shareholder equity of €5.5B and total debt of €5.9B, which brings its debt-to-equity ratio to 108.5%. Its total assets and total liabilities are €23.7B and €18.3B respectively. Public Power's EBIT is €736.2M making its interest coverage ratio 3.2. It has cash and short-term investments of €2.6B.
Key information
108.5%
Debt to equity ratio
€5.93b
Debt
Interest coverage ratio | 3.2x |
Cash | €2.63b |
Equity | €5.46b |
Total liabilities | €18.27b |
Total assets | €23.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PU8's short term assets (€8.4B) exceed its short term liabilities (€7.8B).
Long Term Liabilities: PU8's short term assets (€8.4B) do not cover its long term liabilities (€10.5B).
Debt to Equity History and Analysis
Debt Level: PU8's net debt to equity ratio (60.3%) is considered high.
Reducing Debt: PU8's debt to equity ratio has increased from 100.2% to 108.5% over the past 5 years.
Debt Coverage: PU8's debt is well covered by operating cash flow (38.9%).
Interest Coverage: PU8's interest payments on its debt are well covered by EBIT (3.2x coverage).