SPIE Balance Sheet Health
Financial Health criteria checks 4/6
SPIE has a total shareholder equity of €2.0B and total debt of €2.1B, which brings its debt-to-equity ratio to 106.6%. Its total assets and total liabilities are €9.2B and €7.2B respectively. SPIE's EBIT is €533.6M making its interest coverage ratio 7.3. It has cash and short-term investments of €1.2B.
Key information
106.6%
Debt to equity ratio
€2.11b
Debt
Interest coverage ratio | 7.3x |
Cash | €1.21b |
Equity | €1.98b |
Total liabilities | €7.17b |
Total assets | €9.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0R8M's short term assets (€3.7B) do not cover its short term liabilities (€4.1B).
Long Term Liabilities: 0R8M's short term assets (€3.7B) exceed its long term liabilities (€3.1B).
Debt to Equity History and Analysis
Debt Level: 0R8M's net debt to equity ratio (45.1%) is considered high.
Reducing Debt: 0R8M's debt to equity ratio has reduced from 146.4% to 106.6% over the past 5 years.
Debt Coverage: 0R8M's debt is well covered by operating cash flow (33.9%).
Interest Coverage: 0R8M's interest payments on its debt are well covered by EBIT (7.3x coverage).