Société de la Tour Eiffel Balance Sheet Health
Financial Health criteria checks 2/6
Société de la Tour Eiffel has a total shareholder equity of €650.2M and total debt of €802.9M, which brings its debt-to-equity ratio to 123.5%. Its total assets and total liabilities are €1.6B and €923.2M respectively. Société de la Tour Eiffel's EBIT is €9.3M making its interest coverage ratio 0.9. It has cash and short-term investments of €59.5M.
Key information
123.5%
Debt to equity ratio
€802.88m
Debt
Interest coverage ratio | 0.9x |
Cash | €59.51m |
Equity | €650.23m |
Total liabilities | €923.21m |
Total assets | €1.57b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: EIFF's short term assets (€182.4M) exceed its short term liabilities (€180.7M).
Long Term Liabilities: EIFF's short term assets (€182.4M) do not cover its long term liabilities (€742.5M).
Debt to Equity History and Analysis
Debt Level: EIFF's net debt to equity ratio (114.3%) is considered high.
Reducing Debt: EIFF's debt to equity ratio has reduced from 137.1% to 123.5% over the past 5 years.
Debt Coverage: EIFF's debt is not well covered by operating cash flow (5.3%).
Interest Coverage: EIFF's interest payments on its debt are not well covered by EBIT (0.9x coverage).