Colas Balance Sheet Health
Financial Health criteria checks 4/6
Colas has a total shareholder equity of €2.8B and total debt of €1.7B, which brings its debt-to-equity ratio to 61.8%. Its total assets and total liabilities are €11.9B and €9.0B respectively. Colas's EBIT is €283.0M making its interest coverage ratio 3.2. It has cash and short-term investments of €387.0M.
Key information
61.8%
Debt to equity ratio
€1.74b
Debt
| Interest coverage ratio | 3.2x |
| Cash | €387.00m |
| Equity | €2.82b |
| Total liabilities | €9.05b |
| Total assets | €11.87b |
Recent financial health updates
Colas (EPA:RE) Has A Somewhat Strained Balance Sheet
Sep 04
These 4 Measures Indicate That Colas (EPA:RE) Is Using Debt Extensively
Mar 28Colas (EPA:RE) Has A Somewhat Strained Balance Sheet
Nov 12Is Colas (EPA:RE) A Risky Investment?
Aug 04These 4 Measures Indicate That Colas (EPA:RE) Is Using Debt Reasonably Well
Apr 13Here's Why Colas (EPA:RE) Can Manage Its Debt Responsibly
Dec 21Recent updates
Colas (EPA:RE) Has A Somewhat Strained Balance Sheet
Sep 04Colas' (EPA:RE) Returns On Capital Not Reflecting Well On The Business
Jul 26Here's Why We Think Colas (EPA:RE) Might Deserve Your Attention Today
Jun 13A Look At The Fair Value Of Colas SA (EPA:RE)
May 08Colas (EPA:RE) May Have Issues Allocating Its Capital
Apr 20These 4 Measures Indicate That Colas (EPA:RE) Is Using Debt Extensively
Mar 28Colas (EPA:RE) Has Some Way To Go To Become A Multi-Bagger
Dec 22A Look At The Intrinsic Value Of Colas SA (EPA:RE)
Dec 01Colas (EPA:RE) Has A Somewhat Strained Balance Sheet
Nov 12Returns On Capital At Colas (EPA:RE) Have Hit The Brakes
Sep 11Calculating The Intrinsic Value Of Colas SA (EPA:RE)
Aug 24Is Colas (EPA:RE) A Risky Investment?
Aug 04Returns At Colas (EPA:RE) Appear To Be Weighed Down
May 24These 4 Measures Indicate That Colas (EPA:RE) Is Using Debt Reasonably Well
Apr 13There's Been No Shortage Of Growth Recently For Colas' (EPA:RE) Returns On Capital
Jan 25Here's Why Colas (EPA:RE) Can Manage Its Debt Responsibly
Dec 21Colas (EPA:RE) Is Experiencing Growth In Returns On Capital
Oct 14We Think Colas (EPA:RE) Can Stay On Top Of Its Debt
Sep 09Colas (EPA:RE) Could Be At Risk Of Shrinking As A Company
Jun 10These 4 Measures Indicate That Colas (EPA:RE) Is Using Debt Extensively
Mar 28Is Colas (EPA:RE) Set To Make A Turnaround?
Mar 09Would Shareholders Who Purchased Colas' (EPA:RE) Stock Three Years Be Happy With The Share price Today?
Feb 19
Are Colas's (EPA:RE) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Feb 01Colas SA's (EPA:RE) Stock's Been Going Strong: Could Weak Financials Mean The Market Will Coorect Its Share Price?
Jan 13We Think Colas (EPA:RE) Is Taking Some Risk With Its Debt
Dec 23How Well Is Colas (EPA:RE) Allocating Its Capital?
Dec 04Would Shareholders Who Purchased Colas' (EPA:RE) Stock Three Years Be Happy With The Share price Today?
Nov 19Financial Position Analysis
Short Term Liabilities: RE's short term assets (€7.1B) do not cover its short term liabilities (€7.3B).
Long Term Liabilities: RE's short term assets (€7.1B) exceed its long term liabilities (€1.7B).
Debt to Equity History and Analysis
Debt Level: RE's net debt to equity ratio (48.1%) is considered high.
Reducing Debt: RE's debt to equity ratio has reduced from 70.3% to 61.8% over the past 5 years.
Debt Coverage: RE's debt is well covered by operating cash flow (46.3%).
Interest Coverage: RE's interest payments on its debt are well covered by EBIT (3.2x coverage).