Thales Balance Sheet Health
Financial Health criteria checks 4/6
Thales has a total shareholder equity of €7.4B and total debt of €7.0B, which brings its debt-to-equity ratio to 94.8%. Its total assets and total liabilities are €38.2B and €30.8B respectively. Thales's EBIT is €1.6B making its interest coverage ratio 16.4. It has cash and short-term investments of €3.8B.
Key information
94.8%
Debt to equity ratio
€7.00b
Debt
| Interest coverage ratio | 16.4x |
| Cash | €3.82b |
| Equity | €7.39b |
| Total liabilities | €30.79b |
| Total assets | €38.18b |
Recent financial health updates
Recent updates
Thales' (EPA:HO) Dividend Will Be €0.85
Nov 19
Thales (EPA:HO) Is Due To Pay A Dividend Of €0.85
Oct 26Thales (EPA:HO) Will Pay A Dividend Of €0.85
Oct 12Thales S.A.'s (EPA:HO) Price In Tune With Earnings
Oct 03Is Thales (EPA:HO) A Risky Investment?
Sep 12We Think Thales S.A.'s (EPA:HO) CEO Compensation Looks Fair
May 09Thales (EPA:HO) Is Increasing Its Dividend To €2.60
Apr 25Thales' (EPA:HO) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 09Thales (EPA:HO) Will Pay A Larger Dividend Than Last Year At €2.60
Mar 26Some Investors May Be Willing To Look Past Thales' (EPA:HO) Soft Earnings
Mar 13Thales (EPA:HO) Is Increasing Its Dividend To €2.60
Mar 08Is There An Opportunity With Thales S.A.'s (EPA:HO) 23% Undervaluation?
Jan 29Thales S.A.'s (EPA:HO) Popularity With Investors Is Under Threat From Overpricing
Jan 03Financial Position Analysis
Short Term Liabilities: HO's short term assets (€19.9B) do not cover its short term liabilities (€23.6B).
Long Term Liabilities: HO's short term assets (€19.9B) exceed its long term liabilities (€7.2B).
Debt to Equity History and Analysis
Debt Level: HO's net debt to equity ratio (43.1%) is considered high.
Reducing Debt: HO's debt to equity ratio has reduced from 98.8% to 94.8% over the past 5 years.
Debt Coverage: HO's debt is well covered by operating cash flow (20.6%).
Interest Coverage: HO's interest payments on its debt are well covered by EBIT (16.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 06:27 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Thales S.A. is covered by 38 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Thomas Picherit | AlphaValue |
| Joseph Campbell | Barclays |
| Milene Kerner | Barclays |