Thales Balance Sheet Health
Financial Health criteria checks 3/6
Thales has a total shareholder equity of €7.0B and total debt of €7.0B, which brings its debt-to-equity ratio to 100.2%. Its total assets and total liabilities are €38.8B and €31.8B respectively. Thales's EBIT is €1.6B making its interest coverage ratio -875.5. It has cash and short-term investments of €4.1B.
Key information
100.2%
Debt to equity ratio
€6.98b
Debt
| Interest coverage ratio | -875.5x |
| Cash | €4.08b |
| Equity | €6.97b |
| Total liabilities | €31.82b |
| Total assets | €38.79b |
Recent financial health updates
Is Thales (EPA:HO) Using Too Much Debt?
Dec 16
Thales (EPA:HO) Seems To Use Debt Quite Sensibly
Aug 23We Think Thales (EPA:HO) Can Stay On Top Of Its Debt
Mar 11Is Thales (EPA:HO) Using Too Much Debt?
Aug 16Is Thales (EPA:HO) Using Too Much Debt?
Mar 25Is Thales (EPA:HO) Using Too Much Debt?
Aug 09Recent updates
Thales (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 03Is Thales (EPA:HO) Using Too Much Debt?
Dec 16Thales (EPA:HO) Is Due To Pay A Dividend Of €0.80
Nov 26Should You Be Adding Thales (EPA:HO) To Your Watchlist Today?
Oct 30An Intrinsic Calculation For Thales S.A. (EPA:HO) Suggests It's 22% Undervalued
Oct 14Thales (EPA:HO) Seems To Use Debt Quite Sensibly
Aug 23Thales (EPA:HO) Ticks All The Boxes When It Comes To Earnings Growth
Jul 24Thales (EPA:HO) Has More To Do To Multiply In Value Going Forward
Jul 07Thales (EPA:HO) Has Announced That It Will Be Increasing Its Dividend To €2.24
May 12A Look At The Fair Value Of Thales S.A. (EPA:HO)
Apr 23Thales (EPA:HO) Will Pay A Larger Dividend Than Last Year At €2.24
Apr 05Here's What To Make Of Thales' (EPA:HO) Decelerating Rates Of Return
Mar 28Thales' (EPA:HO) Upcoming Dividend Will Be Larger Than Last Year's
Mar 13We Think Thales (EPA:HO) Can Stay On Top Of Its Debt
Mar 11A Look At The Fair Value Of Thales S.A. (EPA:HO)
Jan 13Thales' (EPA:HO) Upcoming Dividend Will Be Larger Than Last Year's
Dec 05Thales (EPA:HO) Has Announced That It Will Be Increasing Its Dividend To €0.70
Nov 18Thales (EPA:HO) Is Increasing Its Dividend To €0.70
Nov 04Thales (EPA:HO) Has Announced That It Will Be Increasing Its Dividend To €0.70
Oct 21Thales (EPA:HO) Is Increasing Its Dividend To €0.70
Oct 07Is Thales (EPA:HO) Using Too Much Debt?
Aug 16Thales S.A. (EPA:HO) Shares Could Be 30% Below Their Intrinsic Value Estimate
Jul 11Thales (EPA:HO) Is Increasing Its Dividend To €1.96
May 12Thales (EPA:HO) Is Increasing Its Dividend To €1.96
Apr 28Is Thales (EPA:HO) Using Too Much Debt?
Mar 25Is There An Opportunity With Thales S.A.'s (EPA:HO) 44% Undervaluation?
Mar 07At €84.24, Is Thales S.A. (EPA:HO) Worth Looking At Closely?
Feb 15Should You Investigate Thales S.A. (EPA:HO) At €81.74?
Oct 22Is Thales (EPA:HO) Using Too Much Debt?
Aug 09Financial Position Analysis
Short Term Liabilities: HO's short term assets (€21.7B) do not cover its short term liabilities (€24.2B).
Long Term Liabilities: HO's short term assets (€21.7B) exceed its long term liabilities (€7.6B).
Debt to Equity History and Analysis
Debt Level: HO's net debt to equity ratio (41.6%) is considered high.
Reducing Debt: HO's debt to equity ratio has increased from 46.3% to 100.2% over the past 5 years.
Debt Coverage: HO's debt is well covered by operating cash flow (22.9%).
Interest Coverage: HO earns more interest than it pays, so coverage of interest payments is not a concern.