Sacyr Balance Sheet Health
Financial Health criteria checks 4/6
Sacyr has a total shareholder equity of €1.8B and total debt of €8.5B, which brings its debt-to-equity ratio to 487.1%. Its total assets and total liabilities are €17.3B and €15.6B respectively. Sacyr's EBIT is €1.3B making its interest coverage ratio 1.7. It has cash and short-term investments of €1.8B.
Key information
487.1%
Debt to equity ratio
€8.52b
Debt
Interest coverage ratio | 1.7x |
Cash | €1.77b |
Equity | €1.75b |
Total liabilities | €15.56b |
Total assets | €17.31b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: SCYRE's short term assets (€6.9B) exceed its short term liabilities (€6.3B).
Long Term Liabilities: SCYRE's short term assets (€6.9B) do not cover its long term liabilities (€9.2B).
Debt to Equity History and Analysis
Debt Level: SCYRE's net debt to equity ratio (385.9%) is considered high.
Reducing Debt: SCYRE's debt to equity ratio has reduced from 517.1% to 487.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SCYRE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SCYRE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 15% per year.