ACS Actividades de Construcción y Servicios Balance Sheet Health
Financial Health criteria checks 2/6
ACS Actividades de Construcción y Servicios has a total shareholder equity of €4.6B and total debt of €12.8B, which brings its debt-to-equity ratio to 277.5%. Its total assets and total liabilities are €27.2B and €22.6B respectively. ACS Actividades de Construcción y Servicios's EBIT is €820.9M making its interest coverage ratio 3.3. It has cash and short-term investments of €10.3B.
Key information
277.5%
Debt to equity ratio
€12.76b
Debt
| Interest coverage ratio | 3.3x |
| Cash | €10.32b |
| Equity | €4.60b |
| Total liabilities | €22.58b |
| Total assets | €27.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACSE's short term assets (€10.3B) exceed its short term liabilities (€6.9B).
Long Term Liabilities: ACSE's short term assets (€10.3B) do not cover its long term liabilities (€15.7B).
Debt to Equity History and Analysis
Debt Level: ACSE's net debt to equity ratio (53%) is considered high.
Reducing Debt: ACSE's debt to equity ratio has increased from 161.2% to 277.5% over the past 5 years.
Debt Coverage: ACSE's debt is not well covered by operating cash flow (17.8%).
Interest Coverage: ACSE's interest payments on its debt are well covered by EBIT (3.3x coverage).