Sonae SGPS Balance Sheet Health
Financial Health criteria checks 3/6
Sonae SGPS has a total shareholder equity of €3.5B and total debt of €1.3B, which brings its debt-to-equity ratio to 36.7%. Its total assets and total liabilities are €8.8B and €5.4B respectively. Sonae SGPS's EBIT is €299.1M making its interest coverage ratio 2.4. It has cash and short-term investments of €711.0M.
Key information
36.7%
Debt to equity ratio
€1.27b
Debt
Interest coverage ratio | 2.4x |
Cash | €711.03m |
Equity | €3.46b |
Total liabilities | €5.38b |
Total assets | €8.85b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0ML0's short term assets (€1.9B) do not cover its short term liabilities (€2.5B).
Long Term Liabilities: 0ML0's short term assets (€1.9B) do not cover its long term liabilities (€2.9B).
Debt to Equity History and Analysis
Debt Level: 0ML0's net debt to equity ratio (16.2%) is considered satisfactory.
Reducing Debt: 0ML0's debt to equity ratio has reduced from 65.5% to 36.7% over the past 5 years.
Debt Coverage: 0ML0's debt is well covered by operating cash flow (50.6%).
Interest Coverage: 0ML0's interest payments on its debt are not well covered by EBIT (2.4x coverage).