Colruyt Group Balance Sheet Health
Financial Health criteria checks 5/6
Colruyt Group has a total shareholder equity of €3.2B and total debt of €666.9M, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are €6.6B and €3.4B respectively. Colruyt Group's EBIT is €500.5M making its interest coverage ratio 108.8. It has cash and short-term investments of €1.0B.
Key information
21.0%
Debt to equity ratio
€666.90m
Debt
| Interest coverage ratio | 108.8x |
| Cash | €1.00b |
| Equity | €3.17b |
| Total liabilities | €3.40b |
| Total assets | €6.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COLRB's short term assets (€2.5B) exceed its short term liabilities (€2.4B).
Long Term Liabilities: COLRB's short term assets (€2.5B) exceed its long term liabilities (€1.0B).
Debt to Equity History and Analysis
Debt Level: COLRB has more cash than its total debt.
Reducing Debt: COLRB's debt to equity ratio has increased from 1.6% to 21% over the past 5 years.
Debt Coverage: COLRB's debt is well covered by operating cash flow (227.3%).
Interest Coverage: COLRB's interest payments on its debt are well covered by EBIT (108.8x coverage).